9271 Sudley Rd Manassas, VA 20110

Property Details for 9271 Sudley Rd

Year built

1965

Lot size

2.46 lot acres

Property size

26,646 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a 26,646-square-foot retail center in Manassas, Virginia, boasting a diverse tenant mix. The property, situated at 9271 Sudley Rd, is 100% occupied, anchored by a Walgreens pharmacy, which occupies 54% of the gross leasable area (GLA) and contributes 69% of the base rent under a long-term lease extending through 2030. Other tenants include a mix of restaurants, fitness, and telecommunications businesses, creating a destination retail center. Built in 1965 with renovations in 1997 and 2010, the property sits on a 2.46-acre lot and is zoned for general commercial use. The six units are spread across a strategically located site with three access points along highly trafficked roads, offering excellent visibility and accessibility. The property benefits from its proximity to major employers, including UVA Health Prince William Medical Center, and a dense, affluent population with an average household income exceeding $133,772 within a three-mile radius. The location is also less than a mile from the Manassas VRE station. This Core+ investment offers a strong, stable income stream with a near-term potential for NOI increase due to lease terms. The property's diverse tenant mix and prime location make it an attractive investment opportunity with significant long-term growth potential.

Location Insight

City

Manassas

County

Manassas City

State

Virginia

Longitude

-77.4662

Latitude

38.7561