4461 Cheshire Station Way - Fast Food FOR SALE
Dale City, VA 22193 |
$5,243,107 USD
332-345-4222
4461 Cheshire Station Way
Dale City, VA 22193
HIGHLIGHTS
- Ultra Rare 20 Year Corporate Wendy's Deal in Washington, D.C MSA
- Rent Increase in Less than 3 Years Which will Increase Cap Rate 5%
- Extremely High Store Sales Performance
- Pad Site to Safeway Anchored Shopping Center
- Close Proximity to I-95 and Potomac Mills Shopping Mall
- Superior Demographics - The property and area benefits from a population over 118,0000
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Wendy's located at 4461 Cheshire Station Plaza, Woodbridge, VA 22193. The site consists of roughly 2,743 rentable square feet of building space on an estimated 1.1-acre parcel of land. This Wendy's is subject to a 30-year Triple Net (NNN) lease, which commenced 8/13/2015. The current annual rent is $235,940 and has scheduled increases of 10% every 5 years.
FOR SALE DETAILS
PRICE
$5,243,107 USD
PRICE/SF
$1,911 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.1 AC
LAND SF
47,916 SF
ZONING
B1
APN/PARCEL ID
8192-50-5850
ASK ABOUT THIS PROPERTY
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332-345-4222
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332-345-4222
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