511 Kanawha Ave, Rainelle, WV 25962
Single-tenant auto parts retail property with long-term corporate lease extending through December 2030.
Property Features for 511 Kanawha Ave
General Information
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Investment Insights
Based on property information with market context.
The property fronts Kanawha Avenue and is located across from Park Center, an approximately 80,000 SF Kroger-anchored shopping center. The asset benefits from significant street frontage and multiple points of access.
The lease is structured as NN with fee simple ownership. Tenant pays a pro rata share of taxes, insurance, and real estate taxes as additional rent. Landlord responsibilities include roof, structure, utility systems, and CAM, with CAM reimbursed by the tenant.
Key Highlights
- Advance Auto Parts operating 25+ years at the location with a recent lease extension through December 2030
- 8+ years remaining on a corporate‑signed NN lease with two (5‑year) options to extend
- Scheduled rental increases at the beginning of each option
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 25962, WV
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Coats Automotive & Performance — 1151 Kanawha Ave, Rainelle, WV 25962