Bob Evans 606 3rd Ave 5,646 SF Retail Building Huntington, WV 25701 $2,426,000 ($429.68/SF) 6.65% Cap Rate

Bob Evans has 17+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)! The Tenant, Bob Evans Restaurants, LLC operates ±420 locations in Delaware, Florida, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia & West Virginia. Successfully open & operating for decades and conveniently located about 1 mile from Marshall University - a public research university serving 10,307 students!
The Asset is Well-positioned on a ±0.77-acre lot with exceptional visibility/access on 3rd Ave, conveniently located just east of WV 527, south of US 60 with traffic counts of 28,632 CPD! Retailers in Huntington & surrounding area include Walmart, Sam’s Club, Lowe’s Home Improvement, Gabe’s, Kroger, Save A Lot, Dollar General, Dollar Tree, Family Dollar, O’Reilly Auto Parts, NAPA, AutoZone, CVS, Goodwill, Habitat for Humanity, Marquee Cinemas. Marshall Health Network Arena (7,500- seat premier arena & newly renovated convention center) sits in the heart of the Jewel City and for over 40 years has been drawing community members from all around the tri-state area to attend concerts, family shows, athletic competitions, professional conferences and experience the charm of the city year-round. It is 2 miles from Cabell Huntington Hospital - a 303-bed teaching hospital & regional referral center that also houses the 72-bed Hoops Family Children’s Hospital within its facility, serving as an academic medical center for Marshall University; 31/2 miles from St. Mary’s Medical Center - Huntington’s largest hospital and a leading West Virginia healthcare provider, employing over 2,600 people and offering 413 beds with advanced, compassionate care across major specialties including cardiac, cancer, trauma, neuroscience, and orthopedics.