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Investment Highlights

  • New 10-Year Absolute NNN Leases Across All Seven Properties
  • Traffic Counts Exceeding 26,000 Vehicles Per Day at Select Locations
  • Concentrated footprint supports operational efficiency and market coverage.
  • 10% Rental Increases Every 5 Years and in All (4) 5-Year Option Periods
  • Portfolio spans established Ohio Valley communities in two states.

Executive Summary

The subject offering consists of seven Gumby’s and Geno’s properties strategically located throughout the Northern Panhandle of West Virginia and eastern Ohio. The portfolio includes locations in Weirton, Chester, Wheeling, Moundsville and Bellaire, with two properties each in Wheeling and Moundsville. Each property is subject to a new 10-year absolute NNN lease featuring 10% rental increases every five years during the initial term and throughout the four 5-year option periods.
This lease structure provides investors with scheduled rental growth and up to 30 years of potential lease term across seven established operating locations. Centered around Wheeling, the portfolio benefits from a geographically concentrated footprint spanning connected communities along the Ohio River. Wheeling serves as the region’s principal commercial, employment, healthcare and retail center and is strategically positioned along Interstate 70, a major east-west transportation corridor connecting the area with Pittsburgh, Columbus and surrounding regional markets. The portfolio’s locations are positioned along established commercial corridors and benefit from convenient access to the highway network connecting West Virginia and eastern Ohio.

Property Facts

Price $14,571,428
Price / SF $1,561 / SF
Cap Rate 7%
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 9,334 SF
Total Land Area 4.18 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Gumby’s
2300 Belmont St, Bellaire, OH 43906
Retail 1,754 SF 1997 -
Gumby’s & Geno’s
2363 Lincoln Hwy, Chester, WV 26034
Retail 3,080 SF 2004 -
Gumby’s & Papa Johns
4052 Washington St, Weirton, WV 26062
Retail 4,500 SF - -
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  • Listing ID: 41707225

  • Date on Market: 8/11/2026

  • Last Updated:

  • Address: 7-Property Net Lease Portfolio WV & OH, Chester, WV

Contact the Sale Advisor

7-Property Net Lease Portfolio WV & OH

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