709 Main W St, Ripley, WV 25271-1109
This exceptional investment opportunity presents a fee-simple ownership of a thriving KFC restaurant located at 709 W Main St, Ripley, WV 25271. The property boasts 2,441 square feet on a 1.31-acre lot, built in 1990. This single-tenant property operates under a 20-year absolute triple-net (NNN) lease with a highly creditworthy KFC franchisee. The current annual net operating income (NOI) is $80,846, representing a 6.25% capitalization rate based on the asking price of $1,293,535. The lease includes a significant advantage for investors: rent increases of 10% every five years throughout the initial 20-year term and each of the four, five-year renewal options, extending the potential lease term to a total of 40 years. This provides substantial long-term income growth and security. The property's location in Ripley, West Virginia, offers excellent visibility and accessibility. This is a rare opportunity to acquire a stable, high-performing, quick-service restaurant investment with significant upside potential. The property is offered as a fee-simple ownership, providing complete control and ownership benefits. This is a turnkey investment ready for immediate income generation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.