Restaurant

Applebee's

60 Liberty Square Dr, Hurricane, WV 25526

Listing Price: $2,296,296

Cap Rate
6.75%
Tenant Name
Legacy Apple III, LLC
Gross SF
4,344
Guarantor
Franchisee Guarantee
Rentable SF
4,344
Price/Gross SF
$528.61
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.68

Investment Overview

The subject investment property is situated on Liberty Square, which is positioned parallel to Highway 34. Highway 34 boasts average daily traffic counts of approximately 28,100 vehicles and also directly intersects with Interstate-64, which brings an additional 55,000 vehicles into the immediate area on average daily. There are more than 25,400 individuals residing within a five-mile radius of the property and more than 96,100 individuals within a ten-mile radius.

Investment Highlights

  • 15-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 1.50% Annually
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

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

    Manhattan

Listing Price: $2,296,296

Cap Rate
6.75%
Tenant Name
Legacy Apple III, LLC
Gross SF
4,344
Guarantor
Franchisee Guarantee
Rentable SF
4,344
Price/Gross SF
$528.61
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.68

Investment Highlights

  • 15-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 1.50% Annually
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

Investment Overview

The subject investment property is situated on Liberty Square, which is positioned parallel to Highway 34. Highway 34 boasts average daily traffic counts of approximately 28,100 vehicles and also directly intersects with Interstate-64, which brings an additional 55,000 vehicles into the immediate area on average daily. There are more than 25,400 individuals residing within a five-mile radius of the property and more than 96,100 individuals within a ten-mile radius.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

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

    Manhattan

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