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2 Lawless Rd Morgantown, WV 26501

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For Sale
$2,373,385

NNN leased restaurant with over 9 years remaining on lease.

Property size:
3,569 SF
Lot size:
71.24 Acres

Property Features for 2 Lawless Rd

General Information

Size
3,569 SF
Lot size
71.24 Acres

Source: Trek Investment Group Agent Parker Carroll

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Leased Restaurant Investment Opportunity

This property is a restaurant with a NNN lease and over 9 years remaining. The lease includes scheduled rent increases of 7.5%. There are four, 5-year options with rent increases. The restaurant is operated by GPS Hospitality Acquisition Company, LLC, which operates over 400 units. The property is located 3 miles from West Virginia University, which has over 25,000 students enrolled. The property has a size of 3569 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Burger King Restaurant Delshire Inc Association Or Organization

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Morgantown
County
Monongalia
State
West Virginia
Longitude
-79.9911037
Latitude
39.6256466

FAQs

What type of property is this?
Drive through restaurant - NNN leased restaurant with over 9 years remaining on lease.
Where is this drive through restaurant located?
The property is located at 2 Lawless Rd Morgantown, WV.
What is the asking price?
The asking price for this property is $2,373,385.
What are key features of this property?
This property features: - Absolute NNN Lease | 9+ Years Remaining; - Four, 5-Year Options with Rent Increases; - Scheduled 7.5% Rent Bump
More about this property
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