9560 Liberia Ave - Bank FOR SALE


Manassas, VA 20110
$4,150,000 USD
703-787-4733
9560 Liberia Ave, Manassas, VA for Sale
$4,150,000 USD
Bank - FOR SALE
1/10
null | 4.76% Cap Rate

9560 Liberia Ave
Manassas, VA 20110


HIGHLIGHTS

  • Brand new 15-year ground lease with 3 (5-year) options to extend.

OVERVIEW

• Brand new 15-year ground lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease is signed by Chase Bank, National Association, an established bank and an investment grade tenant (S&P: A+) • The ground lease features 10% rental increases every 5 years and at the beginning of each option period • Chase Bank is positioned as an outparcel to 100,000+ SF Signal Hill Shopping Center, anchored by Fresh World Grocery and home to Chick-fil-A, Panera Bread, Glory Days Grill, Checkers, and more • Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for this site • Liberia Avenue has become a dense convenience retail destination corridor with best in class users including Wawa, Chipotle, and a brand new Raising Canes • Chase Bank is strategically located at the signalized, hard corner intersection of Liberia Avenue and Spring Hill Road, averaging nearly 50,000 combined vehicles passing by daily • The asset is equipped with a two-lane drive-thru, providing ease and convenience for customers • Subject property benefits from significant street frontage along Liberia Avenue and Signal Hill Road • Manassas is a growing Northern VA community and the County Seat of Prince William County. It’s located 20 miles from the Dulles International Airport and is part of the Washington D.C. MSA • More than 157,000 residents and 58,500 employees support the trade area • Features an average household income of $146,206

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$1,221 USD /SF

CAP RATE

4.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank - Manassas, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

B4

APN/PARCEL ID

22832

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
703-787-4733

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Andrew FallonSRS Real Estate PartnersMore Info
703-787-4733

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