Bob Evans – Summersville
Tenancy Type: National
Lease Type: Absolute NNN
Address: 110 Merchant Walk
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.
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.