West Virginia & Ohio
Gumby’s & Geno’s Portfolio
| Offering Summary | |||
|---|---|---|---|
| Price | $14,571,428 | Cap Rate | 7.00% |
| NOI | $1,020,000.00 | Rentable SF | 24,037 SF |
| Lot Size | 6.089 +/- Acres | Year Built | Various |
| Lease Type | Absolute NNN | Lease Term | 10 Years |
Investment Highlights
- Seven-Property Portfolio Offering
- New 10-Year Absolute NNN Leases Across All Seven Properties
- 10% Rental Increases Every 5 Years and in All (4) 5-Year Option Periods
- Traffic Counts Exceeding 26,000 Vehicles Per Day at Select Locations
- Population Exceeding 53,000 Residents Within Select 5-Mile Trade Areas
- Average Household Income Exceeding $74,000 Within Select 5-Mile Trade Areas
- Surrounding Employment Base Exceeding 34,000 Employees at Select Locations
- Seven Established Operating Locations with Existing Customer Bases
- Immediate Scale Across a Geographically Concentrated Two-State Portfolio
- Strategically Located Throughout the Northern Panhandle and Ohio River Valley
- Regional Portfolio Centered Around the Wheeling, WV–OH Market
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For More Information, Please Contact:
David B Zacharia, Ohio & West Virginia Broker
[email protected]
702.304.9900