623 Nicholas St | Rupert, WV 25984
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623 Nicholas St
Rupert, WV 25984
Family Dollar · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Building Size
8,225 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.50 AC
Parking
35 Spaces (4.26 Spaces per 1,000 SF Leased)
ABOUT 623 NICHOLAS ST , RUPERT, WV 25984
Josh Bishop and Matthews REIS are proud to exclusively offer for sale the Family Dollar property located in Rupert, WV. The subject property is on a very rare lease which includes rent increases every 3-years for the life of the lease. Assuming 6% rent increases every 3-years an investor could expect an average return of 7.61% over the base term (assuming a purchase at list price). Additionally, the lease is absolute NNN, with zero management responsibility.
PROPERTY TAXES
| Parcel Number | 1315 504590000 | Improvements Assessment | $155,100 |
| Land Assessment | $4,080 | Total Assessment | $159,180 |
PROPERTY TAXES
Parcel Number
1315 504590000
Land Assessment
$4,080
Improvements Assessment
$155,100
Total Assessment
$159,180
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