293 Locust St, Buckhannon, WV 26201-3858

This exceptional investment opportunity presents a fee-simple ownership of a Burger King restaurant located at 293 N Locust St, Buckhannon, WV 26201. The property boasts a 3,969 square foot building situated on a 1.14-acre lot. Currently operating under a brand new, 20-year absolute triple-net (NNN) lease commencing July 1, 2024, and expiring June 30, 2044, this lease offers significant long-term stability and minimal landlord responsibilities. The tenant, a Burger King franchisee, achieved exceptional sales exceeding $1.97 million in 2023, significantly outperforming national averages. This demonstrates strong operational performance and future growth potential. The lease includes attractive rental increases of 7.50% every five years, ensuring consistent income growth. The property's Net Operating Income (NOI) is $168,000, resulting in a compelling 6.00% cap rate. This is a rare opportunity to acquire a high-performing, nationally branded fast-food property with a long-term lease and significant upside potential in a stable market. The franchisee is guaranteed by GPS Hospitality, a major franchisee with a substantial portfolio. This investment offers a secure and profitable addition to any portfolio. The property is 100% occupied.