For Sale
$2,181,818

9540 Liberia AveManassas, VA 20110

Virginia NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 1,500 square foot Checkers fast-food restaurant located at 9540 Liberia Ave, Manassas, VA 20110, on a 0.49-acre lot. The property features a new 20-year absolute NNN ground lease with a creditworthy franchisee operator who owns multiple locations. The lease includes four, five-year renewal options and built-in 10% rent increases every five years, ensuring consistent income growth. The tenant is responsible for all property maintenance, repairs, and taxes, minimizing landlord obligations. This prime location boasts high visibility and traffic (41,000 vehicles per day), situated amongst other national retailers like Wawa, ALDI, Walmart Supercenter, Glory Days, Panera Bread, and Chick-fil-A, ensuring strong tenant performance and high demand. The asking price is $2,181,818, representing a 5.50% cap rate and a $120,000 annual net operating income (NOI). The property's strong demographics and location within a rapidly growing suburb of Manassas, Virginia, further enhance its investment appeal. This is an exceptional opportunity to acquire a low-maintenance, high-return investment with a secure, long-term lease.

Highlights

  • 20-Year Absolute NNN Ground Lease with Fee Simple Ownership.
  • No Landlord Responsibilities.
  • Rent Increases Scheduled at 10% Intervals.
  • High-Traffic Location with 41,000 Vehicles Per Day.
  • Excellent Co-Tenancy with National Retailers.
  • Strong Demographics in a Rapidly Growing Suburban Area.

Property Details for 9540 Liberia Ave

Property type
Retail properties
Square Feet
1,500 SF
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Manassas
County
Manassas City
State
Virginia
Latitude
38.7502684
Longitude
-77.4507457
9540 Liberia Ave, Manassas, Virginia

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9540 Liberia Ave
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