703-314-2501
4405 Duke St, Alexandria, VA for Rent

Retail - For Rent
1/6
2,877 SF | 1 Space

4405 Duke St
Alexandria, VA 22304
Seminary Hill


HIGHLIGHTS

  • Rare Oppotunity! Automotive Lease Purchase
  • 40% Rent applied to Purchase Price! Ten Year NNN
  • Excellent location in the CITY OF Alexandria
  • 1 mile to Rt395 & Rt495
  • Westend Development Project 1 mile from site
  • Adding 5000+ new potenial customers

OVERVIEW

Keller Williams Falls Church, as exclusive listing agent, is pleased to present 4405 Duke Street, a premier automotive property in the City of Alexandria. The property features five bays and six lifts for automotive repair. Automotive properties are extremely rare and valuable in Northern Virginia because of the zoning rules and regulations. Sale Price $3,950,000 Approved expansion bays by Special Permit Turnkey automotive repair facility available • Excellent location • Hi-end captive clientele • Unique opportunity for a solid business in the CITY OF ALEXANDRIA Owner will consider lease with option to purchase Rent $12,500 Lease Term 10 years Triple Net Lease NNN Rent Increase 6% annually for 1st five years Rent Increase cap Rent increase will average 3% over 10-year term 40% of all rent will be applied to the purchase price Owner financing is available with purchase All terms are negotiable The facility fully operational and all equipment to operate comes with the lease option or sale.

RENTAL DETAILS

SPACE AVAILABLE

2,877 SF

# OF SPACES

1

RENT RATE (MO)

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RENT RATE (YR)

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LEASE TYPE

Triple Net

LEASE LENGTH

10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

2,877 SF

YEAR BUILT

1957

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

CG

ASK ABOUT THIS PROPERTY

Lou BonfiglioKW United Falls ChurchMore Info
703-314-2501

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Lou BonfiglioKW United Falls ChurchMore Info
703-314-2501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.