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293 N Locust St
Buckhannon, WV 26201
Burger King · Retail Property For Sale
Investment Highlights
- Exceptional Unit Level Financials
- Directly Adjacent to Walmart Supercenter
- Brand New 2024 Lease Restructure
- Outstanding Franchisee Guarantee
Executive Summary
Bang Realty is pleased to present the exclusive listing for a Burger King located at 293 North Locust Street, Buckhannon, WV 26201. The site consists of roughly 3,969 rentable square feet of building space on an estimated 1.14-acre parcel of land. Burger King is subject to a 20.01-year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $168,000 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
3,969 SF
Building Class
B
Year Built
1997
Price
$3,722,338 CAD
Price Per SF
$937.85 CAD
Cap Rate
6.20%
NOI
$230,785 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.14 AC
Zoning
C-2
Amenities
- Restaurant
Property Taxes
| Parcel Number | 03-1-01340000 | Improvements Assessment | $376,839 CAD |
| Land Assessment | $128,663 CAD | Total Assessment | $505,502 CAD |
Property Taxes
Parcel Number
03-1-01340000
Land Assessment
$128,663 CAD
Improvements Assessment
$376,839 CAD
Total Assessment
$505,502 CAD
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