Par Mar Stores / BP Gas Station5114 Elk River Rd 3,300 SFRetail BuildingElkview, WV 25071$2,000,000 ($606/SF)4.38% Cap Rate

Realcorp is pleased to present the exclusive listing for Par Mar Stores / BP Gas Station located on 5114 Elk River Rd, Elkview WV 25071. The property consists of approximately 3,300 SF situated on 0.3 acres (+/-) of land outside Charleston City Limits. The property is outside the City B&O Tax and City User Fees. Par Mar Stores is subject to a 10 year NNN lease which commenced in 2021. The lease has built in annual rent increases. Par Mar Stores has three 5-Year options to renew the lease. The property has been remodeled and the underground gas tanks replaced in 2021. Par Mar Stores is a rapidly growing company with more then 200 stores in four states. Subject property is located 1.5 miles from new constructed Herbert Hoover High School, 11 Miles from Charleston's Yeager Airport, and 15 miles from Charleston's Central Business District (CBD). Disclaimer: All information provided about the property, including but not limited to square footage and outside reports, has been provided by the landlord and is deemed reliable but is not guaranteed and is the sole responsibility to be independently verified by purchaser.