901 Bluefield Ave
$649,000
901 Bluefield Ave Bluefield, WV 24701
This is a carousel gallery, which opens as a modal once you click on any image. The carousel is controlled by both Next and Previous buttons, which allow you to navigate through the images or jump to a specific slide. Close the modal to stop viewing the carousel.
To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or right with one finger.
About this listing
Zero Landlord Responsibility – Absolute NNN lease. The tenant is responsible for paying the property taxes, insurance, and maintenance.
Seasoned Operator – The lease is guaranteed by Mountain Star, LLC who operates 21 Hardee’s locations.
Long Term Tenancy – The tenant has operated at this site for over 36 years.
Annual Rental Increase – The lease calls for 1.50% annual increases providing an excellent hedge against inflation.
Main Arterial Location – The property benefits from excellent visibility and exposure being located on Bluefield Ave. and sees in excess of ±16,000 vehicles per day.
University Proximity – The property is ±0.5 miles from Bluefield state university that has an enrollment and staff of over 2,000 people.
State Border – Bluefield sits on the border of Virginia and West Virginia and has a population of over 44,500 within 10 miles.
Surrounding Tenants – Located amongst a group of prominent retail tenants like, Dollar General, McDonald’s, AutoZone, O’Reilly Auto Parts, Dairy Queen, and many more.
-
Cap Rate
14.95%
-
NOI
$97,001
-
Building Size
4,074 sqft
-
Lot Area
0.92 acres
-
Year Built
1987
-
Floors
1
DESCRIPTION
- • Lot Size: 1/2 - 1 Acre
- • Age: 31-40 Years Old
- • Sewer: City
- • Water: City Water
SPACES
901 Bluefield Ave
SQFT: 4,074
Lease Type:
Sublease: No
Lease Rate:$8,083/mo
Available: Immediately
Steve DuBrueler
CRE
License #: PB98368931, 0225029864, 618158, RB-0031237, ABR005930
Coldwell Banker Commercial Premier
Front Royal, VA
