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KFC 709 Main St

2,441 SF Retail Building Ripley, WV 25271 £1,020,599 (£418/SF) 6.25% Net Initial Yield

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 709 W Main St in Ripley, WV. The site consists of roughly 2,441 rentable square feet of building space on estimated 1.31-acre parcel of land. This KFC is subject to a 20-year absolute triple-net (NNN) lease. The current annual rent is $80,846 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 4, 5-year renewal options.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,441 SF
Building Class
C
Year Built
1990
Price
£1,020,599
Price Per SF
£418
Net Initial Yield
6.25%
NOI
£63,787
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Land Acres
1.31 AC
Frontage
41 ft on Main St

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru
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709 Main St, Ripley, WV - aerial map view

PROPERTY TAXES

Parcel Number 05-7-00020004 Improvements Assessment £107,367
Land Assessment £48,808 Total Assessment £156,175

PROPERTY TAXES

Parcel Number
05-7-00020004
Land Assessment
£48,808
Improvements Assessment
£107,367
Total Assessment
£156,175
(513) 300-0763

  • Listing ID: 30209680

  • Date on Market: 30/11/2023

  • Last Updated:

  • Address: 709 Main St, Ripley, WV 25271

The Retail Property at 709 Main St, Ripley, WV 25271 is currently available For Sale. Contact Bang Realty for more information.

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709 Main St, Ripley, WV for sale Building Photo- Image 1 of 3
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709 Main St, Ripley, WV for sale Aerial- Image 2 of 3
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© 2024 CoStar Group

KFC | 709 Main St
(513) 300-0763 x

KFC | 709 Main St

Brian Brockman

(513) 300-0763

(513) 300-0763

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