170 N State Route 2 | New Martinsville, WV 26155
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170 N State Route 2
New Martinsville, WV 26155
Bob Evans · Retail Property For Sale
Investment Highlights
- Brand new 20-year Absolute NNN Lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)!.
- Successfully open & operating for decades with an attractive 8.5% Rent-to-Sales Ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 8,218 | Average Household Income (1-MI): $73,378
- Bob Evans Restaurants, LLC operates ±439 locations in Delaware, FL, IL, IN, Kansas, KY, MD, MI, Missouri, NJ, NY, NC, OH, PA, VI, WV
- Well-positioned on a large ±2.31-acre lot with excellent visibility/access on WV-2, where traffic counts exceed 21,990 CPD!.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,770 SF
Building Class
C
Year Built
2023
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.30 AC
Zoning
C
Frontage
190 ft on West Virginia 2
Amenities
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 09-11-00010005 | Improvements Assessment | £317,753 |
| Land Assessment | £137,375 | Total Assessment | £455,129 |
PROPERTY TAXES
Parcel Number
09-11-00010005
Land Assessment
£137,375
Improvements Assessment
£317,753
Total Assessment
£455,129
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