1403 Main St, Follansbee, WV 26037
Freestanding fast-food restaurant backed by a new long-term triple-net lease structure.
Property Features for 1403 Main St
General Information
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Investment Insights
Based on property information with market context.
The transaction includes a new 20-year triple-net sale-leaseback commencing at the close of escrow. The lease provides six, five-year renewal options and assigns no landlord responsibilities. Annual rent increases by 1.00% beginning in year 11 of the base term and continues through the renewal periods, with each option period providing 1.00% annual increases during its first three years and flat rent during years four and five.
Key Highlights
- Burger King restaurant at 1403 Main Street, Follansbee, WV 26037
- Built in 2016 with approximately 1,908 square feet of building area
- Situated on approximately a 0.37‑acre parcel
Property Analytics
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Location Intelligence
Trade Area within ½ mile
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Demographics for 26037, WV
Market
Vacancy Rate% for Retail in South region