Turnkey Equipped Restaurant
42882 Truro Parish Drive Unit 104 Broadlands, VA 20148
For Sale
$1,299,900
Fully equipped restaurant suite with dining in, carryout, and delivery services, continuously operating since 2004.
Property Size2,031 SF
Price / SF$640.03
Days on Market858
Property Features for 42882 Truro Parish Drive Unit 104
General Information
Standard status
Active
Size
2,031 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
Samson Properties
Listed By:
Paul A Fario
(301) 258-7757
Source:
Ournexthouse
Added: Mar 22, 2024
Changed: Jul 10
Last Checked: Jul 26 at 9:56PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This turnkey restaurant suite comprises approximately 2,031 square feet and has been in continuous operation since 2004. The space is described as being in great condition and comes fully equipped with the necessary equipment and fixtures to support day-to-day service. The operating model supports dining in, carryout, and delivery.
Located at 42882 Truro Parish Drive, Unit 104, in Broadlands, Virginia (Ashburn area), the restaurant is positioned for an established customer base within eastern Loudoun County. The seller’s materials emphasize the continuity of operation since 2004 and the range of service formats offered from the suite.
For an owner-operator or a landlord seeking a ready-to-run food concept, the key advantage is the ability to transition with equipment already in place and an established operating history. The configuration supports multiple ordering channels, which can be practical for operators looking to serve both on-premises guests and off-premises orders through carryout and delivery.
Located at 42882 Truro Parish Drive, Unit 104, in Broadlands, Virginia (Ashburn area), the restaurant is positioned for an established customer base within eastern Loudoun County. The seller’s materials emphasize the continuity of operation since 2004 and the range of service formats offered from the suite.
For an owner-operator or a landlord seeking a ready-to-run food concept, the key advantage is the ability to transition with equipment already in place and an established operating history. The configuration supports multiple ordering channels, which can be practical for operators looking to serve both on-premises guests and off-premises orders through carryout and delivery.
Key Highlights
- 2,031 SF restaurant established in 2004 and continuously operating since 2004
- Fully equipped with necessary equipment and fixtures, ready for operation
- Offers dining in, carryout, and delivery services
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 | $60.9k | $30.00 |
| − Vacancy | −$1.5k | −$0.75 |
| EGI | $59.4k | $29.25 |
| − OpEx | −$14.9k | −$7.31 |
| NOI | $44.6k | $21.94 |
2,031 SF · lease $30.00/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$636.5K
$556.9K – $742.6K
NOI $44,555 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant suite with dining in, carryout, and delivery services, continuously operating since 2004.
Where is this conventional restaurant located?
The property is located at 42882 Truro Parish Drive Unit 104 Broadlands, VA.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 2,031 SF restaurant established in 2004 and continuously operating since 2004; Fully equipped with necessary equipment and fixtures, ready for operation; Offers dining in, carryout, and delivery services
