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301D Hurricane Creek Rd
Hurricane, WV 25526
KFC · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Brand New 20-Year NNN Lease Upon close of escrow, the tenant will sign a brand new 20-yr absolute triple net lease, with no landlord responsibilities
- 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, throughout the base term
EXECUTIVE SUMMARY
Bang Realty is pleased to present the exclusive listing for a KFC located at 301d Hurricane Creek Rd, Hurricane, WV 25526. The site consists of roughly 2,971 rentable square feet of building space on an estimated 0.89-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 $74,514 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
2,971 SF
Building Class
B
Year Built
2015
Price
$1,578,424 CAD
Price Per SF
$531.28 CAD
Cap Rate
6.50%
NOI
$102,598 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.89 AC
PROPERTY TAXES
| Parcel Number | 06-18-00150006 | Improvements Assessment | $214,984 CAD |
| Land Assessment | $125,471 CAD | Total Assessment | $340,455 CAD |
PROPERTY TAXES
Parcel Number
06-18-00150006
Land Assessment
$125,471 CAD
Improvements Assessment
$214,984 CAD
Total Assessment
$340,455 CAD
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