1701 Bigley Ave, Charleston, WV
Home cooking restaurant with loyal following near Interstate 77.
- Added:
- Oct 21, 2024
- Days on Market:
- 603
- Last Refresh:
- May 20 at 8:09 pm
Property Features for 1701 Bigley Ave
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.08 Acres
- Property subtype
- RETAIL
Listing agent Quintie Smith
Listing office Realcorp, LLC (304) 925-7000
Listing date Oct 21, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realcorp, LLC
HighLights
- Fantastic home cooking restaurant
- Super loyal following
- Located at Westmoreland exit off Interstate 77
- Restaurant Property
- Established Business
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $15.00 |
| − Vacancy | −$1.3k | −$0.63 |
| EGI | $28.7k | $14.37 |
| − OpEx | −$7.2k | −$3.59 |
| NOI | $21.6k | $10.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Kanawha
- State
- West Virginia
- Longitude
- -81.6191
- Latitude
- 38.3625
