9540 Liberia Ave Manassas, VA 20110
- Retail properties
- 1,500 SF
- 0.49 lot acres
Current Use by Public Records
- Taqueria Yazmin Manassas / Mexican Restaurant / Restaurant
- Signal Hill Shopping Center / Shopping Mall / Gym
- Fresh World / Supermarket / Grocery Store
- Shining Delilah Jewelry / Jewelry Store
- Wells Fargo ATM / Atm
Property Details for 9540 Liberia Ave
- Lot size
- 0.49 lot acres
- Property size
- 1,500 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 1,500 square foot Checkers fast-food restaurant located at 9540 Liberia Ave, Manassas, VA 20110, on a 0.49-acre lot. The property features a new 20-year absolute NNN ground lease with a creditworthy franchisee operator who owns multiple locations. The lease includes four, five-year renewal options and built-in 10% rent increases every five years, ensuring consistent income growth. The tenant is responsible for all property maintenance, repairs, and taxes, minimizing landlord obligations. This prime location boasts high visibility and traffic (41,000 vehicles per day), situated amongst other national retailers like Wawa, ALDI, Walmart Supercenter, Glory Days, Panera Bread, and Chick-fil-A, ensuring strong tenant performance and high demand. The asking price is $2,181,818, representing a 5.50% cap rate and a $120,000 annual net operating income (NOI). The property's strong demographics and location within a rapidly growing suburb of Manassas, Virginia, further enhance its investment appeal. This is an exceptional opportunity to acquire a low-maintenance, high-return investment with a secure, long-term lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manassas
- County
- Manassas City
- State
- Virginia
- Longitude
- -77.4507
- Latitude
- 38.7503
