Net Lease Grocery and Fitness
6701 Lea Berry Way Haymarket, VA 20169
6701 Lea Berry Way, Haymarket, VA, 20169
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For Sale
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Fee simple net lease investment with a corporate-guaranteed Aldi market and co-tenant Planet Fitness in Haymarket, VA.
Property Size38,000 SF
Price / SF$282.89
Days on Market85
Property Features for 6701 Lea Berry Way
General Information
- Standard status
- Active
- Size
- 38,000 SF
- Property subtype
- Retail
Listing agency
Avison Young - Tysons
(571) 449-8234
Listed by
Richard Murphy · License #0225198343
Source
Crexi
Added: Apr 29 Updated: Jul 22 at 9:00AM Checked: Jul 22 at 9:00AM
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
Investment Insights
Based on property information with market context.
Fee simple net lease investment property offering a corporate-guaranteed Aldi market. The building is under a master lease for the entire property, with Planet Fitness operating as a co-tenant.
The site is located on Washington Street in Prince William County, Virginia, part of the Washington metropolitan area. The corridor serves approximately 13,900 vehicles per day, and the surrounding area includes expanding retail and housing development. Haymarket’s local retail environment is supported by affluent demographics, including a population of 70,586+ within a 5-mile radius and an average household income of over $166,888.
The offering is presented as a whole-building master lease arrangement with these two anchored tenants.
The site is located on Washington Street in Prince William County, Virginia, part of the Washington metropolitan area. The corridor serves approximately 13,900 vehicles per day, and the surrounding area includes expanding retail and housing development. Haymarket’s local retail environment is supported by affluent demographics, including a population of 70,586+ within a 5-mile radius and an average household income of over $166,888.
The offering is presented as a whole-building master lease arrangement with these two anchored tenants.
Key Highlights
- Fee simple net lease investment property with corporate‑guaranteed Aldi market in Haymarket, VA
- Master lease covers the entire building with co‑tenant Planet Fitness
- Located in Prince William County, part of the Washington metropolitan area
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 | $1.07M | $28.20 |
| − Vacancy | −$30.0k | −$0.79 |
| EGI | $1.04M | $27.41 |
| − OpEx | −$260.4k | −$6.85 |
| NOI | $781.2k | $20.56 |
38,000 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$11.16M
$9.76M – $13.02M
NOI $781,196 @ 7.0% cap · market cap 7.27%
Second Best
Retail
$10.42M
$9.11M – $12.15M
NOI $729,117 @ 7.0% cap · market cap 6.78%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ALDI
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Fee simple net lease investment with a corporate-guaranteed Aldi market and co-tenant Planet Fitness in Haymarket, VA.
Where is this grocery and convenience store located?
The property is located at 6701 Lea Berry Way 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: Fee simple net lease investment property with corporate‑guaranteed Aldi market in Haymarket, VA; Master lease covers the entire building with co‑tenant Planet Fitness; Located in Prince William County, part of the Washington metropolitan area
