Property Details

Bed Bath & Beyond (andThat! and Harmon Face Values)

Fairfax, VA
Property ID: 9043

Financial Summary

Asking Price $7,687,783
Cap Rate 6.00%
Net Operating Income (NOI) $461,267
Lease Type NNN
The Offering Memorandum for this property is no longer available.

Contact

Rick Fernandez
Senior Managing Director
703.787.4732

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Highlights

  • $3M+ renovation in 2017 - highly adaptable retail property in neighborhood power center
  • 15 year S&P BBB, investment grade guaranteed lease
  • $285,319 rent increase in 2032
  • 5 Acre parcel in 1 million SF Walmart anchored Fair Lakes Center
  • 10% rent increases every 5 years
  • Just off I-66 161,000 VPD and the Fairfax County Parkway 70,000 VPD
  • 30 minutes to Washington Reagan and Dulles International airports

Location

13065 Fair Lakes Center
Fairfax, VA

Leigh ClineBed Bath & Beyond (andThat! and Harmon Face Values)