Net Lease Grocery and Fitness
For Sale
Contact for pricing
6701 Lea Berry Way, Haymarket, VA 20169
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 Market176
Property Features for 6701 Lea Berry Way
General Information
Standard status
Active
Size
38,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$627,000
Additional Details
Traffic Count
13,900 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Avison Young - Tysons
Listed By:
Richard Murphy · License #0225198343
(571) 449-8234
Source:
Crexi
Added: Apr 29
Changed: Oct 3
Last Checked: Oct 20 at 6:42PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$781,196
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,623,920
$15.6M
Cap Rate 7%
$11,159,943
$11.2M
Cap Rate 9%
$8,679,956
$8.7M
Market Conditions
NOI Build-Up for 38,000 SF
Gross rent
$1.07M $28.20/SF
− Vacancy
−$30.0K −$0.79/SF
EGI
$1.04M $27.41/SF
− OpEx
−$260.4K −$6.85/SF
NOI
$781.2K $20.56/SF
Area
Prince William County, VA
Vacancy
2.80%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,623,920
Cap Rate 7%
$11,159,943
Cap Rate 9%
$8,679,956
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
13,900 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
114k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Groceries 10%
Hotels & Casinos 6%
Chick-fil-A
Dining
46,503 visits/mo
0.1 miles
Aldi
Groceries
11,641 visits/mo
0.1 miles
Taco Bell
Dining
10,514 visits/mo
0.2 miles
Duck Donuts
Dining
10,164 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
10,110 visits/mo
0.2 miles
Demographics for 20169, VA
28,182
Population
9,511
Households
3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
37.4 sq mi
ZIP Area
754
Density / Sq Mi
$198,317
Median Household Income
$87,869
Median Earnings
$2,809
Median Rent
$676,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
