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Restaurant

Taco Bell

855 Ritter Dr, Beaver, WV 25813

Listing Price: $1,052,632

Cap Rate
4.75%
Tenant Name
Charter Central, LLC
Years Remaining On Lease
23.7
Guarantor
Franchisee Guarantee
Rentable SF
2,530
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.76

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Taco Bell located at 855 Ritter Drive in Beaver, West Virginia. The site consists of roughly 2,530 rentable square feet of building space on estimated 0.96-acre parcel of land. This Taco Bell is subject to a long-term, 25-year absolute triple-net (NNN) lease, which commenced September 26th, 2020. The current annual rent is$50,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of One (1), Ten (10)-Year Option & Five (5), Five (5)-Year Options.

Investment Highlights

  • Long-Term, 25-Year Absolute Triple Net (NNN) Lease
  • Approximately 23.5 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring Every Five (5) Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Restaurant

Taco Bell

Listing Price: $1,052,632

Cap Rate
4.75%
Tenant Name
Charter Central, LLC
Years Remaining On Lease
23.7
Guarantor
Franchisee Guarantee
Rentable SF
2,530
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.76

Investment Highlights

  • Long-Term, 25-Year Absolute Triple Net (NNN) Lease
  • Approximately 23.5 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Taco Bell located at 855 Ritter Drive in Beaver, West Virginia. The site consists of roughly 2,530 rentable square feet of building space on estimated 0.96-acre parcel of land. This Taco Bell is subject to a long-term, 25-year absolute triple-net (NNN) lease, which commenced September 26th, 2020. The current annual rent is$50,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of One (1), Ten (10)-Year Option & Five (5), Five (5)-Year Options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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