Bob Evans – Summersville

Property Type: | Property Status: Sold

Bob Evans

Property Details

Price: $629,293

CAP Rate:

Square Feet:

Tenancy Type: National

Lease Type: Absolute NNN

Location Info

Address: 110 Merchant Walk

City: Summersville

State: WV

Zip: 26651

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the Absolute NNN, Bob Evans Ground Lease in Summersville, West Virginia. Bob Evans recently exercised their first 5-Year option to extend in October of 2019.

Details
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the Seller, a private investment group out of Indiana. The private 1031 Pennsylvania buyer was found within the first two weeks of marketing the property for sale and purchased the property for $629,293, representing a 6.67% CAP Rate and approximately 94% of the list price. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.