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Subway - Clarksburg, WV 822 W Pike St 2,480 SF Retail Building Clarksburg, WV 26301 $650,000 ($262.10/SF) 7.53% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Lease
- Large Operator
- Sale Consists of Property the Subway Building sits on and the Parking Lot behind the Building
- 8+ Years Left on Primary Lease
- 2% Annual Rental Increases
- Six, Five-Year Options
EXECUTIVE SUMMARY
Introducing SUBWAY CLARKSBURG - a lucrative investment opportunity located at 822 West Pike Street, Clarksburg, WV 26301. This prime property boasts a generous 2,480 SF of space, offering a solid CAP rate of 7.53%. In the heart of Clarksburg, this Subway franchise presents a rare chance to invest in a well-established business with a reliable income stream. With a competitive price tag of $650,000, this opportunity is not to be missed for investors looking to expand their portfolio. For a savvy investor seeking a proven asset with consistent returns, SUBWAY CLARKSBURG at 822 West Pike Street is the ideal choice. Don't let this chance slip through your fingers - seize the opportunity to own a successful investment in a thriving location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,480 SF
Building Class
C
Year Built
1918
Price
$650,000
Price Per SF
$262.10
Cap Rate
7.53%
NOI
$48,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.23 AC
Opportunity Zone
Yes
Parking
16 Spaces (6.45 Spaces per 1,000 SF Leased)
AMENITIES
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Subway is a global quick-service restaurant brand specializing in made-to-order submarine sandwiches, wraps, salads, and related menu items. The company was founded in 1965 in Bridgeport, Connecticut, by Fred DeLuca with financing from Peter Buck, initially operating as Pete’s Super Submarine Sandwiches before adopting the Subway name. Subway transitioned to a franchised business model in the 1970s, becoming one of the most widely distributed restaurant brands worldwide.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-15-03490000 | Improvements Assessment | $106,020 |
| Land Assessment | $6,300 | Total Assessment | $112,320 |
PROPERTY TAXES
Parcel Number
08-15-03490000
Land Assessment
$6,300
Improvements Assessment
$106,020
Total Assessment
$112,320
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Subway - Clarksburg, WV | 822 W Pike St
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