10002 Battleview Pkwy Manassas, VA 20109

Building Details

Year Built

1988

Listing Agency SRS Real Estate Partners McLean a***@srsre.com Show Phone

Listed by Andrew Fallon · License #DC SP200204411

Source Crexi

Added: Sep 19, 2024 Checked: Jul 16 at 10:34 am

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners McLean

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Investment Insights

Based on property information with market context.

The property is occupied by McLean Bible Church, a non-denominational evangelical multi-site megachurch founded in 1961. The church has been operating at this location since 2008. The tenant has exercised a 7-year extension, demonstrating commitment to the location. The lease features 3% annual rental increases throughout the initial term. A new roof was recently added with a 15-year warranty. The property is located in the Washington DC MSA. It is positioned less than a mile east of Parkridge Center, a 332,000 square foot power center. Part of Parkridge Plaza has been planned to be redeveloped into 363 townhomes/stacked condos that will replace about half the existing retail space. It is located just northeast of Bull Run Plaza, a 414,000 square foot power center. The property is positioned just north of Sudley Towne Plaza, a 229,000 square foot center. The property is located in the center of a primary retail corridor. More than 533,400 residents and 241,300 employees support the trade area, with an affluent average household income of $192,636.

Key Highlights

• Recent 7‑year lease extension demonstrates tenant commitment.
• Located in the strong Washington DC MSA with affluent demographics and high traffic.
• NNN lease structure with no landlord responsibilities offers a passive investment.

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FAQs

What type of property is this?

Church & religious facility - Church with long operating history in a primary retail corridor.

Where is this church & religious facility located?

The property is located at 10002 Battleview Pkwy Manassas, VA.

What is the asking price?

The asking price for this property is $11,000,000.

What are key features of this property?

This property features: Recent 7‑year lease extension demonstrates tenant commitment.; Located in the strong Washington DC MSA with affluent demographics and high traffic.; NNN lease structure with no landlord responsibilities offers a passive investment.