Log In/Sign Up
Your email has been sent.
KFC 709 Main St 2,441 SF Retail Building Ripley, WV 25271 $1,153,093 ($472.39/SF) 6.50% Cap Rate
Investment Highlights
- Brand New 20-Year NNN Lease Upon the close of escrow, the tenant will sign a brand new 20-year absolute triple net lease
- Experienced Franchisee Ampex Brands operates around 400 units of KFC, Taco Bel, Tim Horton's, Long John Silver's, and 7-Eleven
- Rental Increases The lease features seven-and-a-half percent (7.5%) increases every five (5) years
Executive Summary
Bang Realty is pleased to present the exclusive listing for a KFC located at 709 W Main Street, Ripley, WV 25271. The site consists of roughly 2,441 rentable square feet of building space on an estimated 1.31-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $74,951 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
2,441 SF
Building Class
C
Year Built
1990
Price
$1,153,093
Price Per SF
$472.39
Cap Rate
6.50%
NOI
$74,951
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.31 AC
Frontage
41’ on Main St
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-7-00020004 | Improvements Assessment | $140,520 |
| Land Assessment | $61,860 | Total Assessment | $202,380 |
Property Taxes
Parcel Number
05-7-00020004
Land Assessment
$61,860
Improvements Assessment
$140,520
Total Assessment
$202,380
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KFC | 709 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.