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516 Commerce Dr
Bluefield, VA 24605

$2,735,459 USD

Restaurant For Sale  •  5,881 SF

Property Details

• Property Type Restaurant
• Total Building Size 5,881 SF
• Lot Size 1.05 AC
• Building Class B
• Year Built 2005
• Cap Rate 5.75 %
• Tenancy Single

0 Transit Score

36 Walk Score

Highlights

Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities

12+ Years of Lease Term Remaining

Attractive Rental Increases | 1.50% Annually

Four (4) Tenant Renewal Periods of Five (5) Years Each

Tenant / Guarantor: Legacy Apple III / Legacy Apple II (40+ Restaurants)

Strong Traffic Counts | Highway 460 | Average Daily Traffic Counts of 18,000 Vehicles

Property Flyers

OM Applebee's 516 Commerce Dr

Cap Rate:

5.75 %

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	58
Type:	Surface
Included in Rent:	Yes