About This Restaurant
Investment Highlights
Executive Summary
Presenting a prime investment opportunity in the charming city of Mount Hope, West Virginia, this Triple NNN property at 214 Cross Roads Dr offers an exceptional income-generating venture with an existing lease boasting 10 years of stability, plus two 5-year extensions, all featuring a 10% rent increase every 5 years. This secure investment is strategically positioned to offer you a consistent and growing return on your investment.Crossroads Mall Highlights:214 Cross Road Dr. Mt. Hope, WV 25880Crossroads Mall is located in Mt Hope, West Virginia, located off of I-77 and within miles from many tourist attractions, including the Bechetel National Family Scout Reserve.Crossroads Mall has over 50 popular stores, including the Buckle, Aeropostale, American Eagle Outfitters, Bath & Body Works, Dick's Sporting Goods, Victoria's Secret and more! Come find exactly what you're looking for, from affordable and fashionable apparel, to home furnishings, electronics, and everything in between. We also offer a variety of delicious dining options, such as Auntie Anne's, Slice's, Steak Escape, Chick-fil-A or Super Dukes Gourmet Burgers and All American Grille.In addition to our excellent selection of shopping and dining offerings, Crossroads Mall hosts many free events and programs for the community and families to enjoy!
Property Details
- Sale Type Investment NNN
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant
- Building Size 6,841
- Building Class B
- Year Built 2013
- Price 2,923,000
- Price Per SF 427
- Cap Rate 7
- NOI 204,600
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 1.75 AC
Amenities
- Restaurant
| Date Created: | 2024-07-16 04:25:44 | Last Updated: | 2024-07-16 04:25:44 |
| Address: | 214 Cross Roads Dr , Mount Hope, West Virginia, 25880 | ||