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293 N Locust St
Buckhannon, WV 26201
Burger King · Retail Property For Sale
Investment Highlights
- Exceptional Unit Level Financials
- Directly Adjacent to Walmart Supercenter
- Brand New 2024 Lease Restructure
- Outstanding Franchisee Guarantee
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Burger King located at 293 North Locust Street, Buckhannon, WV 26201. The site consists of roughly 3,969 rentable square feet of building space on an estimated 1.14-acre parcel of land. Burger King is subject to a 20.01-year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $168,000 and has scheduled increases of 7.50% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,969 SF
Building Class
B
Year Built
1997
Price
$2,709,677
Price Per SF
$682.71
Cap Rate
6.20%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.14 AC
Zoning
C-2
Amenities
- Restaurant
Property Taxes
| Parcel Number | 03-1-01340000 | Improvements Assessment | $274,320 |
| Land Assessment | $93,660 | Total Assessment | $367,980 |
Property Taxes
Parcel Number
03-1-01340000
Land Assessment
$93,660
Improvements Assessment
$274,320
Total Assessment
$367,980
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