Bob Evans - Huntington, WV 606 3rd Ave 5,646 SF Retail Building Huntington, WV 25701 $2,481,594 ($439.53/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Long-Term Absolute Triple Net (NNN) Lease With 18+ Years of Term Remaining
- Corporate Guaranteed Lease - Bob Evans Restaurants, LLC (450+ Corporate Locations)
- Seasoned Location - Bob Evans Has Successfully Operated This Location For Over 20+ Years and Has Been a Fixture of the Local Huntington Community
- Attractive Increases - 2% Annual Bumps Starting May 1, 2027, Provide Significant Hedge to Inflation
- Strategically Located in Downtown Huntington - Just Down the Street From Both Marshal Arena, the Esteemed Delta Hotel
- Site Commitment - Tenant Recently Signed a Brand New 20 Year Lease Showcasing Intent to Remain at the Site
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Present For Sale This Corporate-Guaranteed Bob Evans in Huntington, WV, Featuring an Absolute NNN Lease With Zero Landlord Responsibilities. Just Two Years Ago, the Tenant Signed a Brand-New 20-Year Lease, Reaffirming Their Commitment to This Established Location. With 18+ Years Remaining, This Offering Provides a Secure, Passive Income Stream Backed By a Nationally Recognized Brand. Situated in a High-Traffic Retail Corridor, This Property Benefits From Strong Visibility, Consistent Consumer Demand, and a Thriving Local Economy. This is a Rare Opportunity to Acquire a Stable, Long-Term Investment With a Well-Established National Tenant.
In Cooperation With Sands Investment Group West Virginia, LLC - Lic. #010212-00 BoR: Tom Gorman - Lic. WV #WVB23030087
In Cooperation With Sands Investment Group West Virginia, LLC - Lic. #010212-00 BoR: Tom Gorman - Lic. WV #WVB23030087
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,646 SF
Building Class
C
Year Built
2003
Price
$2,481,594
Price Per SF
$439.53
Cap Rate
6.50%
NOI
$161,304
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.77 AC
Opportunity Zone
Yes
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bob Evans Restaurants, LLC
- Retailer
- 5,646 SF
- $28.57
- Jul 2043
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Bob Evans Restaurants, LLC | Retailer | 5,646 SF | $28.57 | Jul 2043 |
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 07-17-00420000 | Improvements Assessment | $236,160 |
Land Assessment | $141,120 | Total Assessment | $377,280 |