Freestanding Restaurant with NNN
34 Broadview Ave Warrenton, VA 20186
34 Broadview Ave, Warrenton, VA, 20186
$2,250,000
For Sale
$2,250,000
Restaurant property offered with a new 15-year NNN lease and four additional five-year options.
Days on Market153
Property Features for 34 Broadview Ave
General Information
- Standard status
- Active
- Property subtype
- Restaurant
Building Details
- Year Built
- 1974
Listing agency
eXp Commercial | Kentucky
(502) 640-3622
Listed by
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 21 at 7:43AM Checked: Jul 21 at 7:43AM
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 eXp Commercial | Kentucky
Investment Insights
Based on property information with market context.
This restaurant property is offered for sale with a new 15-year NNN lease in place and four additional five-year options. The lease includes a stated 12% rent increase every five years, along with additional percentage rent of 6% over $2.8M in gross sales. The offering is described as having a $2M+ gross rental revenue component under the current structure, with operations tied to a multi-unit operator.
The property is located at 34 Broadview Ave in Warrenton, Virginia. Public remarks also cite population and income statistics within a 5-mile radius, including 26,023 residents and an affluent household income figure of $137,583.
The tenant concept referenced in the public remarks is Layne’s Chicken Fingers, described as a rapidly growing franchise concept.
The property is located at 34 Broadview Ave in Warrenton, Virginia. Public remarks also cite population and income statistics within a 5-mile radius, including 26,023 residents and an affluent household income figure of $137,583.
The tenant concept referenced in the public remarks is Layne’s Chicken Fingers, described as a rapidly growing franchise concept.
Key Highlights
- New 15‑year NNN lease in place with four additional five‑year options
- Annual rent increases of 12% every 5 years under the lease terms
- $2M+ in gross rental revenue reported
Property Analytics
Location Intelligence
Current Use by Public Records
Burger King
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant property offered with a new 15-year NNN lease and four additional five-year options.
Where is this conventional restaurant located?
The property is located at 34 Broadview Ave Warrenton, VA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: New 15‑year NNN lease in place with four additional five‑year options; Annual rent increases of 12% every 5 years under the lease terms; $2M+ in gross rental revenue reported
