For Sale

6% Cap Rate | 15-Year NNN | Warrenton, VA

34 Broadview Ave | Warrenton, VA 20186-2301, US

price$2,250,000
property typeCommercial Sale
year built1974

property
details

STATUSActive
SALE PRICE PER UNIT$2,250,000
YEAR BUILT1974
PROPERTY TYPECommercial Sale
BUILDING SIZE2,778 SF
LOT SIZE0.84 acres
SALE PRICE$2,250,000
STORIES1
ZONINGCommercial Industrial
DAYS ON MARKET191

property
description

* New 15 year NNN lease * 4 five year options * 12% rent increase every 5 years * $2M+ in gross rental revenue * Additional percentage rent of 6% over $2.8M in gross sales * Multi-Unit Operator * Population of 26, 023 within a 5 mile radius * Affluent household income $137, 583 * Layne’s Chicken Fingers is a rapidly growing franchise concept

location
description

34 Broadview Ave | Warrenton, VA 20186-2301, US

Warrenton

Sam Griffin, CCIM, CBI, NACREP

Sam Griffin, CCIM, CBI, NACREP

KY #207824
(502) 640-3622
Matthew Wilson

Matthew Wilson

KY #264579
(502) 415-2547

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