Property profile

4015 Main St Weirton, WV 26062

OFF-MARKET
Drive through restaurants
Property ID
US94-0448587
0.11 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving restaurant property located at 4015 Main Street in Weirton, West Virginia, 26062. Offered at $1,015,000, this retail and land property boasts an absolute NNN lease, ensuring a passive income stream for the investor. The current tenant, a KFC franchisee, enjoys a long-term operating history of over 30 years, demonstrating consistent success within the Weirton community. The lease includes attractive rental increases of 10% every five years, providing a built-in hedge against inflation. This strategically positioned property benefits from high visibility and convenient accessibility along Main Street, experiencing over 15,400 vehicles per day. The strong operational history is further solidified by the franchisee's backing: Morgan Foods, Inc., a subsidiary of Ampex Brands, operating over 400 units. This investment is further enhanced by the positive economic impact of the Frontier Crossing Development project, bringing over $2 billion in private investment and thousands of jobs to Weirton. This presents a rare opportunity to acquire a stable, high-performing asset in a growing market. The property's location and the tenant's strong performance history make this an attractive investment with significant long-term potential. The absolute NNN lease structure minimizes management responsibilities, making this an ideal choice for passive investors seeking a reliable return on investment.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Lot 0.11 ac (5,009 SF)
APN 05-06- W2M-0078.0000
UPID US94-0448587

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4015 Main St Weirton, WV 26062-5332
Weirton metro Census 31103 WEIRTON-STEUBENVILLE, WV-OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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