4015 Main St

About this listing

8.00% Cap Rate | Healthy Rent To Sales | Near Multiple Major Developments
ABSOLUTE NNN LEASE – The current lease is Absolute NNN, meaning the tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive. LONG TERM OPERATING HISTORY – This location has been in operation for 30+ years, showcasing KFC’s long-term success within the local community. ATTRACTIVE RENTAL INCREASES – The lease is subject to 10% rental increases every 5 years, providing a hedge against inflation. STRONG OPERATOR – 68-Unit Franchisee Guarantee from Morgan Foods, Inc, a subsidiary of Ampex Brands (400+ Units). STRATEGIC POSITIONING – Property benefits from its strategic positioning along Main St, seeing over ±15,400 VPD. This prime location enhances visibility and provides convenient accessibility NEAR MULTIPLE MAJOR DEVELOPMENT PROJECTS Frontier Crossing Development is a project set to bring over $2 billion in private investment, along with thousands of jobs to Weirton. This project consists of multiple planned developments. The most recent project, Form Factory One, is an iron-air battery manufacturing facility spanning ±800,000 sq ft, with a scheduled completion date of late 2024. Park Place development is a project spanning 72 acres that will include 32 executive style apartments, 24,000 sq ft of professional space, and several outparcel lots