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Flowers Baking Company - Beckley, WV 311 Stanaford Rd 19,508 SF Retail Building Beckley, WV 25801 $1,100,000 ($56.39/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long Term Tenant (Since 1998)
  • Prime Location in Beckley, WV
  • Absolute NNN Lease
  • Attractive Local Economy

EXECUTIVE SUMMARY

Bang Realty, Inc is pleased to present an exceptional investment opportunity -- a Flower Foods Bakery
Outlet Store located in Beckley, West Virginia. Flower Foods, a leading producer of bakery products,
has been a tenant at this location since 1998. Over the years, they have successfully executed four
lease renewals, demonstrating their strong commitment to this property and the surrounding community.
This lease is structured as an absolute NNN (Triple Net) lease. The current lease offers an additional five-year
renewal option with a 5% rent increase upon exercising the option, ensuring a predictable and
increasing revenue stream for the investor. The tenant has demonstrated long-term stability and a strong
track record of performance at this location.
Furthermore, the current landlord and tenant have recently invested nearly $20,000 in property
improvements, further enhancing the value and condition of the property. This joint investment highlights the
commitment of both parties to maintaining a high-quality, operational facility.
Along with the tenant, Beckley, West Virginia, offers a unique investment opportunity with its growing
economy, stable population, and strategic location in southern West Virginia. As a regional hub for retail,
healthcare, and education, Beckley has seen consistent economic growth, attracting both residents and
businesses. The city benefits from a central location along major highways, making it a key point of access
for surrounding communities. With a lower cost of living and an increasingly diversified economy, Beckley
continues to draw investment and development, making it an attractive area for long-term, stable returns.
The local economy, coupled with the established presence of reliable tenants like Flower Foods, makes
Beckley a solid choice for investors seeking steady growth and dependable income streams.
This is a prime opportunity to invest in a well-established, low-maintenance property with a reliable
tenant and a strong lease structure in a growing area of Beckley, West Virginia.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
19,508 SF
Building Class
C
Year Built
1997
Price
$1,100,000
Price Per SF
$56.39
Cap Rate
7.50%
NOI
$82,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
1.04 AC

NEARBY MAJOR RETAILERS

Starbucks
Food Lion
City National Bank of West Virginia
Five Guys
Chili's Grill & Bar
Woodforest National Bank
Kroger
Rent-a-center
Logan's Roadhouse
Cook Out

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-01- 75-0004.0001
Land Assessment
$136,680
Improvements Assessment
$172,380
Total Assessment
$309,060
  • Listing ID: 34877522

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 311 Stanaford Rd, Beckley, WV 25801

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