Checkers Restaurant Investment
For Sale
$2,181,818
9540 Liberia Avenue, Manassas, VA 20110
Checkers located in Manassas, VA
Property Size1,500 SF
Lot Size0.49 Acres
Price / SF$1,454
Days on Market580
Property Features for 9540 Liberia Avenue
General Information
Standard status
Active
Property type
Restaurants, Other retail properties, Individual retail properties, Retail properties & Spaces
Size
1,500 SF
Elevators
N/A
Lot size
0.49 Acres
Investment Type
Net Lease
Net Operating Income
$120,000
Building Details
Buildings
1
Stories
1
Units
1
Listing Agency:
(925) 348-1844
Listed By:
Kase
(925) 348-1844
Added: Jan 27, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This investment opportunity features a Checkers restaurant located in Manassas, Virginia. The property has a new 20-year absolute NNN fee simple ground lease with zero landlord obligations. The lease incorporates scheduled 10% rent increases every five years and four 5-year renewal options. The tenant, a franchisee operating multiple Checkers and Popeyes locations, is responsible for all construction, improvements, and infrastructure. The 1,500 square foot building is situated on a 0.49-acre lot in a high-traffic area with approximately 41,000 vehicles per day. The location is adjacent to Chick-fil-A and across from Glory Days and Panera Bread, surrounded by national retailers such as Wawa, ALDI, and a Walmart Supercenter. The property benefits from strong demographics within a rapidly growing suburb of Northern Virginia, part of the Washington-Arlington-Alexandria Metropolitan Statistical Area. The current net operating income is $120,000.
Key Highlights
- NEW 20 YEAR ABSOLUTE NNN FEE SIMPLE GROUND LEASE
- ZERO LANDLORD OBLIGATIONS
- SCHEDULED 10% INCREASES IN RENT
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
United Bank
Shops & Services
1,395 visits/mo
0.4 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
- Genesis Delight Catering — 9239 Berkshire St, Manassas, VA 20110
- Puerto Rico Café — 9809 Cockrell Rd, Manassas, VA 20110
Frequently Asked Questions
What type of property is this?
Restaurant - Checkers located in Manassas, VA
Where is this restaurant located?
The property is located at 9540 Liberia Avenue Manassas, VA.
What is the asking price?
The asking price for this property is $2,181,818.
What are key features of this property?
This property features: NEW 20 YEAR ABSOLUTE NNN FEE SIMPLE GROUND LEASE; ZERO LANDLORD OBLIGATIONS; SCHEDULED 10% INCREASES IN RENT
