16 Baby Back Pl

Investment Highlights

Heavily traveled tourist area 21 year established business Beautiful setting with new construction

Executive Summary

Formerly BBQ restaurant for 21 years. 75 ground up rebuild. Excellent opportunity to capitalise on the recent and ongoing investment by the government and private investors in the area. Future plans to connect to the Hatfield McCoy trail riders. Scenic Highway coming soon. Next to one national park and a few miles away from another National park. Over a million visitors a year come through and expected to grow. Building is completely building rebuilt with new electric, plumbing, hvac, roof etc over main building. Second building is only 10 years old. Also has a 1,500 ft out building. 2 main parking lots and overflow parking. Well established if someone wanted to keep it a restaurant. Most equipment and tables are available for a negotiated price as well as 2 catering trailers. 2000 sq ft home on adjacent property is also available. 3 bd 3 ba with a loft (owners home). If interested I could also stay on for a month or two to train and help hire staff. I?m retiring from the business after 37 years. Reason for sale.Current owner/seller is willing to finance the sale for possible buyer depending on down payment!

• 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

• Restaurant
• Signage