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5465 Big Tyler Rd 1,350 SF Retail Building Cross Lanes, WV 25313 $2,692,730 CAD ($1,994.61 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
The Premises is leased to Strickland Brothers for a 15 year initial term, with four (4) - five (5) year options. The Asset is well positioned directly off of Big Tyler Rd and is located just north of the capital city Charleston, WV.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
1,350 SF
Building Class
B
Year Built
1964
Price
$2,692,730 CAD
Price Per SF
$1,994.61 CAD
Cap Rate
7%
NOI
$188,491 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.70 AC
Parking
5 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 25-22E-00640000 | Improvements Assessment | $139,431 CAD |
| Land Assessment | $123,356 CAD | Total Assessment | $262,786 CAD |
PROPERTY TAXES
Parcel Number
25-22E-00640000
Land Assessment
$123,356 CAD
Improvements Assessment
$139,431 CAD
Total Assessment
$262,786 CAD
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5465 Big Tyler Rd
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