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Investment Highlights

  • Brand New Absolute NNN Lease: 17+ Years Remaining on Initial 20-Year Absolute Nnn Lease with Rare 2% Annual Rental Increases
  • UNIVERSITY LOCATION: successfully Open & Operating for Decades and Conveniently Located About 1 Mile from Marshall University
  • Conveniently Located Just East of Wv 527, South of Us 60 with Traffic Counts of 28,632 Cpd!
  • TENANT: Corporate Tenant: bob Evans Restaurants, Llc Operates ±420 Locations
  • TRAFFIC COUNTS: well-Positioned on A ±0.77-Acre Lot with Exceptional Visibility/access on 3rd Ave
  • 2025 Demographics: total Population (5 Mi): 62,883 | Average Household Income (1 Mi): $77,396

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,646 SF
Building Class
C
Year Built
2003
Price
$3,390,645 CAD
Price Per SF
$600.54 CAD
Cap Rate
6.75%
NOI
$228,839 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.77 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Frontage
240’ on 3rd Ave

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Bob Evans Restaurants is a chain of family style restaurants founded and headquartered in Columbus, Ohio, which owns and operates nearly 500 locations in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States. Bob Evans believed in treating strangers like friends and friends like family; and those principles are alive today at every Bob Evans Restaurant. As a private company owned by Golden Gate Capital, Bob Evans Restaurants is focused on providing quality food and hospitality to every guest at every meal, each and every day.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Buffalo Wild Wings
Chase Bank
Fifth Third Bank
Anytime Fitness
Starbucks
Roosters
Red Lobster
CrossFit
Peoples Bancorp, Inc.
Truist

Property Taxes

Property Taxes

Parcel Number
07-17-00420000
Land Assessment
$200,204 CAD
Improvements Assessment
$328,737 CAD
Total Assessment
$528,941 CAD
  • Listing ID: 40004958

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: 606 3rd Ave, Huntington, WV 25701

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