Remodeled Absolute NNN
For Sale
Contact for pricing
Pending
404 E MARKET ST, Leesburg, VA 20176
Long-term absolute net lease includes two five-year extension options.
Property SizeContact for details
Days on Market43
Property Features for 404 E MARKET ST
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SURMOUNT
(786) 522-7017
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 2:31PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Wendy’s restaurant property includes a 3,155-square-foot building on a 0.64-acre parcel. The improvements were remodeled in 2018 and feature a drive-up window along with ample on-site parking. The property is operated under an absolute net lease, with 17 years remaining on the original 30-year term and two five-year option periods.
The site is positioned at the intersection of East Market Street and Catoctin Circle Northeast in Leesburg, Virginia. Combined traffic at the intersection exceeds 54,000 vehicles per day. The surrounding retail area includes national and regional businesses such as CVS Pharmacy, Bank of America, Giant Food, McDonald’s, Dunkin’ Donuts, and Advance Auto Parts.
The site is positioned at the intersection of East Market Street and Catoctin Circle Northeast in Leesburg, Virginia. Combined traffic at the intersection exceeds 54,000 vehicles per day. The surrounding retail area includes national and regional businesses such as CVS Pharmacy, Bank of America, Giant Food, McDonald’s, Dunkin’ Donuts, and Advance Auto Parts.
Key Highlights
- Wendy’s restaurant remodeled in 2018
- 3,155‑square‑foot restaurant on a 0.64‑acre parcel
- Absolute net lease with 17 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 20176, VA
51,777
Population
17,044
Households
3
Avg Household Size
38
Median Age
59%
College-Educated
94%
High-School Grad
54.9 sq mi
ZIP Area
943
Density / Sq Mi
$166,870
Median Household Income
$67,473
Median Earnings
$2,089
Median Rent
$702,400
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?
NNN property - Long-term absolute net lease includes two five-year extension options.
Where is this nnn property located?
The property is located at 404 E MARKET ST Leesburg, VA.
What are key features of this property?
This property features: Wendy’s restaurant remodeled in 2018; 3,155‑square‑foot restaurant on a 0.64‑acre parcel; Absolute net lease with 17 years remaining
