Turnkey Restaurant for
For Sale
$1,299,900
104-42882 Truro Parish Dr, Broadlands, VA 20148
Turnkey, fully equipped restaurant established in 2004 with dining, carryout, and delivery service.
Property Size2,031 SF
Price / SF$640.03
Days on Market752
Property Features for 104-42882 Truro Parish Dr
General Information
Standard status
Active
Size
2,031 SF
Additional Details
Business Included
Yes
Listing Agency:
Samson Properties
(703) 577-7921
Listed By:
Paul A Fario
(703) 577-7921
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 10
Last Checked: Jul 31 at 6:03PM
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 opportunity is approximately 2,031 square feet and has been in continuous operation since 2004. The business is described as being in great condition and is fully equipped with the necessary equipment and fixtures to support ongoing restaurant operations. Service is set up for dining in, carryout, and delivery.
The property is located in Ashburn, Virginia, in eastern Loudoun County. It presents a ready-to-operate option for a restaurant owner operator or a landlord looking for a food concept with an established operating history.
From a tenant and operator standpoint, the key advantage is that the space is presented as move-in ready, with equipment and fixtures already in place. The offering is also positioned for brands that can support multiple ordering channels, including dining, carryout, and delivery, based on how the restaurant has been operating since 2004.
The property is located in Ashburn, Virginia, in eastern Loudoun County. It presents a ready-to-operate option for a restaurant owner operator or a landlord looking for a food concept with an established operating history.
From a tenant and operator standpoint, the key advantage is that the space is presented as move-in ready, with equipment and fixtures already in place. The offering is also positioned for brands that can support multiple ordering channels, including dining, carryout, and delivery, based on how the restaurant has been operating since 2004.
Key Highlights
- 2,031 SF restaurant established in 2004 and in continuous operation since then
- Fully equipped with necessary equipment and fixtures for restaurant operations
- 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
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20148, VA
61,793
Population
20,413
Households
3
Avg Household Size
34
Median Age
77%
College-Educated
97%
High-School Grad
19.4 sq mi
ZIP Area
3,185
Density / Sq Mi
$233,502
Median Household Income
$119,027
Median Earnings
$2,647
Median Rent
$843,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey, fully equipped restaurant established in 2004 with dining, carryout, and delivery service.
Where is this conventional restaurant located?
The property is located at 104-42882 Truro Parish Dr 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 in continuous operation since then; Fully equipped with necessary equipment and fixtures for restaurant operations; Offers dining in, carryout, and delivery services
