Property profile

9540 Liberia Ave Manassas, VA 20110

OFF-MARKET
Retail properties & Spaces
1,500 SF 0.49 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,500 SF
Lot 0.49 ac (21,344 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Shopping Center & Mall
  • Specialty Food Shop Supermarket
  • (Bike/Boat/Book/etc) Store
  • Atm

Location

9540 Liberia Ave Manassas, VA 20110
Manassas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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