Property Details

Taco Bell

Woodbridge, VA
Property ID: 7323

Financial Summary

Asking Price $2,156,626
Cap Rate Call for Details
Net Operating Income (NOI) $89,500
Lease Type Ground Lease, NNN
Lease Term Remaining 20 Years
Increases 10% Every 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • 20 year absolute NNN ground lease with corporate guaranty and structured rent increases
  • Rent bumps 10% every 5 years including two (2), five (5) year option terms
  • Full service Taco Bell with drive-thru
  • Located near busy Dillingham Square Shopping Center, anchored by Food Lion. Other national retailers include Dollar Tree, Mattress Firm, 7-Eleven, AutoZone, Goddard School, Gold’s Gym and more
  • Washington, DC suburb; future job growth over the next ten years is predicted to be 37.46%
  • Average HH income of $120,719 within 1 mile
  • Population counts of 78,930 within 3 miles

Net Lease Advisor

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

Location

3308 Old Bridge Rd
Woodbridge, VA

Traci BidingerTaco Bell