Retail Storefront in Historic
For Sale
$750,000
9410 Main St, Manassas, VA 20110
1,425 SF retail storefront in Old Town Manassas.
Property Size1,425 SF
Price / SF$526.32
Days on Market187
Property Features for 9410 Main St
General Information
Standard status
Active
Size
1,425 SF
Property subtype
Retail
Building Details
Building Size
1,425 SF
Year Built
1920
Listing Agency:
Weber Rector Commercial Real Estate Services, Inc.
Listed By:
Chuck Rector · License #0225183359
(703) 929-9758
Source:
Weberrector
Added: Mar 5
Changed: Sep 8
Last Checked: Jun 26 at 9:43PM
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 Weber Rector Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This 1,425 SF retail storefront is offered as an investment sale. The property is located in the heart of a thriving historic district and is leased to a well-established bakery through 2/28/2027, generating an NOI of $27,457. The property offers stable income with future potential for conversion to restaurant or bar use. The high ceilings could accommodate mezzanine-level seating or storage. The property enjoys excellent visibility and steady foot traffic from nearby shops, restaurants, offices, and community destinations. The area hosts frequent festivals and events that draw visitors year-round. The location offers convenient access to Rt. 28 and Rt. 234/Sudley Rd.
Key Highlights
- Stabilized asset generating $27,457 NOI with a lease in place through 2/28/2027.
- Located in the heart of a thriving historic district with excellent visibility and foot traffic.
- Future potential for conversion to restaurant or bar use.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,669
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$953,380
$953.4K
Cap Rate 7%
$680,986
$681.0K
Cap Rate 9%
$529,656
$529.7K
Market Conditions
NOI Build-Up for 1,425 SF
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.
Gross rent
$71.3K $50.04/SF
− Vacancy
−$3.2K −$2.25/SF
EGI
$68.1K $47.79/SF
− OpEx
−$20.4K −$14.34/SF
NOI
$47.7K $33.45/SF
Area
Manassas Park County, VA
Vacancy
4.50%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$953,380
Cap Rate 7%
$680,986
Cap Rate 9%
$529,656
Alternative Uses
Best Use
Retail
$681.0K
$595.9K – $794.5K
NOI $47,669 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$791.5K
$692.6K – $923.4K
NOI $55,404 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Shops & Services 47%
Electronics 6%
Food Lion Grocery Store
Groceries
25,591 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,284 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
6,797 visits/mo
0.5 miles
7-Eleven
Shops & Services
5,668 visits/mo
0.5 miles
Truist
Shops & Services
5,416 visits/mo
0.2 miles
Demographics for 20110, VA
49,120
Population
16,289
Households
3
Avg Household Size
35
Median Age
34%
College-Educated
82%
High-School Grad
12.8 sq mi
ZIP Area
3,838
Density / Sq Mi
$120,397
Median Household Income
$53,126
Median Earnings
$1,863
Median Rent
$445,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Montejo’s Florist — 9427 Main St, Manassas, VA 20110
Frequently Asked Questions
What type of property is this?
Storefront property - 1,425 SF retail storefront in Old Town Manassas.
Where is this storefront property located?
The property is located at 9410 Main St Manassas, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Stabilized asset generating $27,457 NOI with a lease in place through 2/28/2027.; Located in the heart of a thriving historic district with excellent visibility and foot traffic.; Future potential for conversion to restaurant or bar use.
