Property Details

Chick-fil-A

Manassas, VA
Property ID: 7359

Financial Summary

Asking Price $3,097,345
Cap Rate 4.52%
Net Operating Income (NOI) $140,000
Lease Type Ground Lease, NNN
Lease Term Remaining 6.5 Years
The Offering Memorandum for this property is no longer available.

Contact

Rick Fernandez
Senior Managing Director
703.787.4732
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Effective 5.06% cap rate on May 2019 rent increase
  • 12% increases every 5 years
  • 41,000+ VPD pass directly in front of property
  • Pad site fronts very busy 102,000 SF, Super Target-anchored center
  • Washington, DC MSA, average HH income of $156,928 within 1 mile of CFA

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

9939 Sowder Village Square
Manassas, VA

Traci BidingerChick-fil-A