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5459 Old Alexandria Tpke Warrenton, VA 20187

Sponsored
For Sale
$1,240,000

High-Yield NNN Leased Auto Shop

Property size:
1,900 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 1,900 square foot auto shop on a 0.69-acre lot in Warrenton, Virginia. Located on Route 29/Lee Highway, this property boasts excellent visibility and high traffic volume (48,000 vehicles per day). Currently leased under a Net Lease (NNN) agreement with a single tenant, the lease has six years remaining with a five-year renewal option. The monthly rent, effective July 1, 2024, is $6,190.30, subject to a 3% annual escalation. The property features approximately 30 parking spaces and is zoned C-1, with approved auto sales use. The asking price is $1,240,000, representing a 6.00% capitalization rate and a price per square foot of $652.63. The property's location offers easy access to both Gainesville and Warrenton, approximately five miles away. This is a rare opportunity to acquire a well-located, high-performing investment property with a strong tenant and significant upside potential. The property's APN is 7906-00-6859-000.

Property Features for 5459 Old Alexandria Tpke

General Information

Property type
Automotive properties
Square Feet
1,900 SF
Lot Size
30,056 SF

HighLights

  • 1,900 SF auto shop on 0.69‑acre lot in Warrenton, VA.
  • High‑traffic location on Route 29/Lee Highway (48,000 VPD).
  • NNN lease with six years remaining plus five‑year option; $6,190.30/month rent (effective 7/1/24), 3% annual escalation.
  • 30 parking spaces; C‑1 zoning with approved auto sales use.
  • Asking price: $1,240,000; 6.00% cap rate; $652.63/SF.
Property Profile Location Intelligence

Current Use by Public Records

Great Deal Cars ... Used Car Dealer PSS Inc Accountant Personal System Services ... Software Company 2100 raven tower ... Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Warrenton
County
Fauquier
State
Virginia
Longitude
-77.73640367
Latitude
38.76010268

FAQs

What type of property is this?
Automotive property - High-Yield NNN Leased Auto Shop
Where is this automotive property located?
The property is located at 5459 Old Alexandria Tpke Warrenton, VA.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: 1,900 SF auto shop on 0.69-acre lot in Warrenton, VA.; High-traffic location on Route 29/Lee Highway (48,000 VPD).; NNN lease with six years remaining plus five-year option; $6,190.30/month rent (effective 7/1/24), 3% annual escalation.
More about this property
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