5003 Westone PlzChantilly, VA 20151

Property Details for 5003 Westone Plz

Year built

2007

Lot size

2.99 AC

Property size (Sq ft)

21,222 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 21,222-square-foot Class A restaurant building in Chantilly, Virginia. Located at 5003 Westone Plaza, this property boasts a 100% occupancy rate with a 15-year Absolute NNN lease commencing August 31, 2023. The lease includes a 6.02% cap rate and a substantial Net Operating Income (NOI) of $830,629. Built in 2007, the building sits on a 2.99-acre lot and is zoned I-3 (Industrial Light Intensity), offering flexibility for various uses. The tenant, Kindercare Learning Academies (operating as Creme De La Creme), has a licensed capacity of 225 and is backed by a corporate guaranty. The lease features annual rent escalations of 3%, ensuring consistent income growth. This prime location in Fairfax County, within the Washington, D.C. Metro area, provides access to a highly affluent and stable market. The asking price is $13,800,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term potential.

Location Insight

City

Chantilly

County

Fairfax

State

Virginia

Latitude

38.9016

Longitude

-77.4587

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