5003 Westone Plz Chantilly, VA 20151
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High-return restaurant, NNN lease.
Property size:
21,222 SFProperty Features for 5003 Westone Plz
General Information
- Property type
- Restaurants
- Square Feet
- 21,222 SF
- Class
- A
- Lot Size
- 130,244 SF
Building Details
- Year Built
- 2007
- Units
- 1
Listing Agent: Joe Serafin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 21,222-square-foot Class A restaurant building in Chantilly, Virginia. Located at 5003 Westone Plaza, this property boasts a 100% occupancy rate with a 15-year Absolute NNN lease commencing August 31, 2023. The lease includes a 6.02% cap rate and a substantial Net Operating Income (NOI) of $830,629. Built in 2007, the building sits on a 2.99-acre lot and is zoned I-3 (Industrial Light Intensity), offering flexibility for various uses. The tenant, Kindercare Learning Academies (operating as Creme De La Creme), has a licensed capacity of 225 and is backed by a corporate guaranty. The lease features annual rent escalations of 3%, ensuring consistent income growth. This prime location in Fairfax County, within the Washington, D.C. Metro area, provides access to a highly affluent and stable market. The asking price is $13,800,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Chantilly
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.4587239
- Latitude
- 38.9016401
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FAQs
What type of property is this?
Restaurant - High-return restaurant, NNN lease.
Where is this restaurant located?
The property is located at 5003 Westone Plz Chantilly, VA.
What is the asking price?
The asking price for this property is $13,800,000.
What are key features of this property?
This property features: 21,222 SF building, constructed in 2007, ideal for special purpose or school use.; I-3 (Industrial Light Intensity) zoning allows for diverse uses, including educational institutions.; 15-year Absolute NNN lease commencing 9/1/2023, offering zero landlord responsibilities.