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***REVISED PRICING***- BUFFALO WILD WINGS 70 Nitro Market Pl 7,598 SF Retail Building Cross Lanes, WV 25313 $6,297,513 CAD ($828.84 CAD/SF) 6% Cap Rate
Investment Highlights
- NNN Investment - 10 yrs remaining
- Corporate Guaranty
- Low Rent to Sales
- Power Center Out Parcel - over 750,000 sf
- 72 Unit Operator
- Built in 2015
Executive Summary
Introducing a rare Charleston, West Virginia MSA single tenant NNN Buffalo Wild Wings investment opportunity at the Nitro Market Place power center in the city of Cross Lanes. The center is ½ mile from the 64 highway exit and consists of over 750,000 sf of retail with National anchors of Walmart, Lowe's, and Regal Cinemas. In the immediate surrounding area around the center are four hotels and the Mardi Gras Casino & Resort. Cross Lanes has experienced growth with a 10-year low in vacancy. A Corporate guarantee backs the Lease, and this franchisee was awarded Operator of the Year in 2024. We are available to answer any questions or pre-offer discussions.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,598 SF
Building Class
B
Year Built
2015
Price
$6,297,513 CAD
Price Per SF
$828.84 CAD
Cap Rate
6%
NOI
$377,851 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.49 AC
Zoning
B-2 - General Business
Parking
120 Spaces (15.79 Spaces per 1,000 SF Leased)
Frontage
181’ on Nitro Market Pl
Amenities
- Pylon Sign
- Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-15A-00100000 | Improvements Assessment | $561,646 CAD |
| Land Assessment | $329,458 CAD | Total Assessment | $891,104 CAD |
Property Taxes
Parcel Number
27-15A-00100000
Land Assessment
$329,458 CAD
Improvements Assessment
$561,646 CAD
Total Assessment
$891,104 CAD
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***REVISED PRICING***- BUFFALO WILD WINGS | 70 Nitro Market Pl
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