Licensed Auctioneer of Record: Stephen Dawson, WV 2498.
For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.com.
Introducing an exceptional investment opportunity at 901 Bluefield Ave in Bluefield, WV. This property boasts a prime location on Bluefield Ave. with high visibility and daily traffic of over 16,000 vehicles. Situated near Bluefield State University and alongside prominent retail tenants, this Hardee's location has been a staple in the community for over 36 years. Featuring an absolute NNN lease with a seasoned operator, Mountain Star, LLC, guaranteeing the lease for 21 Hardee's locations, this investment offers a stable income stream. The lease includes 1.50% annual rent increases, providing protection against inflation. With a drive-thru option and a lease term through 2027, this property presents a rare opportunity for investors seeking a long-term, low-maintenance investment. Don't miss out on owning a piece of this thriving market with a renowned tenant. Contact us today to learn more about the potential this property at 901 Bluefield Ave has to offer!
· Non-Contingent
· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
· $10,000 Participation Deposit
901 Bluefield Ave, Bluefield, WV 24701
Licensed Auctioneer of Record: Stephen Dawson, WV 2498
Zero Landlord Responsibility - Absolute NNN lease. The tenant is responsible for paying the property taxes, insurance, and maintenance.
Seasoned Operator - The lease is guaranteed by Mountain Star, LLC who operates 21 Hardee’s locations.
Long Term Tenancy - The tenant has operated at this site for over 36 years.
Annual Rental increase - The lease calls for 1.50% annual increases providing an excellent hedge against inflation.