For Sale
$2,181,818

9540 Liberia AvenueManassas, VA 20110

Checkers located in Manassas, VA

Overview

Added:
Jan 27
Days on market:
67
This subject offering is a Checkers located in Manassas, Virginia. This is the opportunity to purchase a Checkers with a new 20 year term absolute NNN fee simple ground lease. The tenant pays for all construction, improvements and infrastructure. The lease calls for 10% increases every 5 years with four 5 year renewal options to renew. This Checkers franchisee owns 7 Checkers and 2 Popeyes Chicken.

The Checkers pad sits in front of Glory Days and Panera and next to Chick-fil-A. The asset is irreplaceable real estate and surrounded by other national retailers such as Wawa, ALDI, Walmart Supercenter, and many others.

Location Description
Manassas is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 37,821. The city borders Prince William County, and the independent city of Manassas Park, Virginia. The Bureau of Economic Analysis includes both Manassas and Manassas Park with Prince William County for statistical purposes.
Manassas also serves as the seat of Prince William County. It surrounds the 38-acre county courthouse, but that county property is not part of the city. The City of Manassas has several important historic sites from the period 1850–1870.
The City of Manassas is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area and is in the Northern Virginia region.

Highlights

  • NEW 20 YEAR ABSOLUTE NNN FEE SIMPLE GROUND LEASE ZERO LANDLORD OBLIGATIONS SCHEDULED 10% INCREASES IN RENT HEAVILY TRAFFICKED LOCATION - 41,000 VPD SURROUNDED BY NATIONAL RETAILERS STRONG DEMOGRAPHICS - FAST GROWING SUBURB

Property Details for 9540 Liberia Avenue

Property type
Retail properties
Investment Type
net-lease
Square Feet
1,500 SF
Price / Square Foot
$1,454.55
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
21,344 SF
Units
1
Net Operating Income
$120,000

Location Insight

City
Manassas
County
State
Virginia

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9540 Liberia Avenue
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