KFC 301D Hurricane Creek Rd

Investment Highlights

Brand New 20-Year Absolute Triple Net (NNN) Lease to be Signed at Closing Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years 10% Rental Increases Every 5 Years

Executive Summary

Bang Realty is pleased to present the exclusive listing for a Pizza Hut located at 301d Hurricane Creek Rd in Hurricane, WV. The site consists of roughly 2,971 rentable square feet of building space on estimated 0.89-acre parcel of land. This KFC is subject to a 20-year absolute triple-net (NNN) lease. The current annual rent is $98,889 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,971
• Building Class    B
• Year Built    2015
• Price    1,582,226
• Price Per SF    533
• Cap Rate    6.25
• NOI    98,889
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.89 AC