Property Details

TITLE:
Investment Opportunity Burger King
CONTROL:
Buyers Broker
VALUE:
$2,859,574
LOAN:
$0
EQUITY:
$2,859,574
TYPE:
Retail/Commercial
HAVE:
Newly restructured 20-year triple net (NNN) lease as of July 2024, with a 10-year early extension. Strong Tenant Guarantee: Lease backed by GPS Hospitality, the 2nd-largest Burger King franchisee in the U.S., operating nearly 500 restaurants.
ADDRESS:
239 North Locust Street, Buckhannon, West Virginia
GROSS SCHEDULED INCOME:
$168,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$168,000
EXPENSES:
$0
NOI:
$168,000
DEBT SERVICE:
$0
CASH FLOW:
$168,000
CAP RATE:
5.88%
COUNSELOR:
Keith McGuire
Capital Investments
917 3rd Avenue
Huntington, , 25701
Phone: 304-766-9000