5459 Old Alexandria TpkeWarrenton, VA 20187
For Sale
$1,240,000
High-Yield NNN Leased Auto Shop
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 1,900 SF auto shop on 0.69-acre lot in Warrenton, VA.
- High-traffic location on Route 29/Lee Highway (48,000 VPD).
- NNN lease with six years remaining plus five-year option; $6,190.30/month rent (effective 7/1/24), 3% annual escalation.
- 30 parking spaces; C-1 zoning with approved auto sales use.
- Asking price: $1,240,000; 6.00% cap rate; $652.63/SF.
Property Details for 5459 Old Alexandria Tpke
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,900 SF
- Lot Size (sq. ft)
- 30,056 SF
Location Insight
- City
- Warrenton
- County
- Fauquier
- State
- Virginia
- Latitude
- 38.76010268
- Longitude
- -77.73640367
5459 Old Alexandria Tpke, Warrenton, Virginia
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FAQs
- What type of property is this?
- Retail property - High-Yield NNN Leased Auto Shop
- Where is the retail property located?
- The property is located at 5459 Old Alexandria Tpke Warrenton, VA.
- What is the asking price?
- The asking price for this property is $1,240,000.
- What are key features of this property?
- This property features: 1,900 SF auto shop on 0.69-acre lot in Warrenton, VA.; High-traffic location on Route 29/Lee Highway (48,000 VPD).; NNN lease with six years remaining plus five-year option; $6,190.30/month rent (effective 7/1/24), 3% annual escalation.
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