Offering Memorandum

Investment Sale

Kentucky Fried Chicken

101 Nick Savas Ave
Logan, West Virginia

eCode:055i

Sales Price

$1,060,800

NOI

$58,344

Cap Rate

5.50%

Lease Expiration

2/28/2039

Building Size

2,896 SF

Lot Size

0.94 AC

Year Built

2005

Highlights

  • Absolute Net | Ground Lease
  • Long-Term Tenant | Recent Early Extensions
  • Rent Escalations
  • Strong Multi-Unit Operator
  • Outlot to Fountain Place | Walmart Anchored Shopping Center
  • Excellent Frontage & Visibility

Radius 5 mile 10 mile 15 mile
Population Density 11,038 25,344 41,894
Household Income $65,708 $67,472 $63,683
Daytime Pop 3,946 4,420 5,508

SIMILAR PROPERTIES

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Multi-Tenant
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Unpriced | 9,848 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan

$4,769,231 | 10,000 SF
Multi-Tenant
1701 Sunrise Hwy
Bay Shore, New York

$13,019,080 | 6,025 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement