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    Haymarket Retail Investment Opportunity Title is generated by Realmo AI

    6701-6707 Leaberry Wy, Haymarket, VA

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    Retail property with corporate guarantee and expansion potential.

    Type:RETAIL
    Property size:
    37,207 SF
    Lot size:
    5.83 Acres
    Price / SF:
    $288/SF
    Added:
    Feb 6, 2023
    Days on Market:
    1224
    Last Refresh:
    May 20 at 8:18 pm

    Property Features for 6701-6707 Leaberry Wy

    General Information

    Standard status
    Active
    Size
    37,207 SF
    Lot size
    5.83 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Richard Murphy
    Richard Murphy

    Listing agent Richard Murphy License #0225198343

    Listing office Avison Young | Tysons

    Listing date Feb 6, 2023

    Source Moodyscre

    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 Avison Young | Tysons

    HighLights

    • Corporate guarantee from Aldi, Inc.
    • Master lease for entire building.
    • Affluent demographics – 70,586+ population within a 5‑mile radius with an average household income of over $166,888.
    • Four, five‑year options with 10% rent increases at each option.
    • Fee simple - land and building.
    • Thriving corridor with expanding retail and housing under development.

    Overview

    This property offers a fee simple interest in land and building, supported by a corporate guarantee from Aldi, Inc. The entire building is under a master lease. Located in a thriving corridor with expanding retail and housing under development, the area boasts affluent demographics, with a population exceeding 70,586 within a 5-mile radius and an average household income of over $166,888. The lease includes four, five-year options, each with 10% rent increases.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.05M $28.20
    − Vacancy −$29.4k −$0.79
    EGI $1.02M $27.41
    − OpEx −$255.0k −$6.85
    NOI $764.9k $20.56
    37,207 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $10.93M
    $9.56M – $12.75M (±1% cap)
    NOI $764,894 @ 7.0% cap · market cap 7.12%
    Second Best
    Retail
    $10.20M
    $8.92M – $11.90M (±1% cap)
    NOI $713,901 @ 7.0% cap · market cap 6.64%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haymarket
    County
    Prince William
    State
    Virginia
    Longitude
    -77.6415
    Latitude
    38.8136

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property with corporate guarantee and expansion potential.
    Where is this grocery and convenience store located?
    The property is located at 6701-6707 Leaberry Wy Haymarket, VA.
    What is the asking price?
    The asking price for this property is $10,750,000.
    What are key features of this property?
    This property features: Corporate guarantee from Aldi, Inc.; Master lease for entire building.; **Affluent demographics – 70,586+ population within a 5‑mile radius with an average household income of over $166,888.**
    (910) 376-2757 Call to check price and availability
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