10002 Battleview Pkwy Manassas, VA 20109

Property Details for 10002 Battleview Pkwy

Year built

1988

Lot size

4.58 lot acres

Property size

53,559 SF

Property type

Specialty properties

Property subtype

Churches & religious facilities

Description

This exceptional investment opportunity presents a 53,559 square foot, fee-simple owned property in Manassas, Virginia, fully occupied by McLean Bible Church under a triple-net (NNN) lease. The church, a well-established and financially stable organization, has demonstrated strong commitment with a recent seven-year lease extension through December 31, 2031. The lease features attractive 3% annual rental increases, providing excellent protection against inflation and consistent income growth. Built in 1988, this two-story building sits on a 4.58-acre lot and includes a recently installed new roof with a 15-year warranty, minimizing future capital expenditures. The property's prime location within the Washington, D.C. metropolitan statistical area (MSA) benefits from strong demographics, including a high average household income of $192,636 within a 10-mile radius, and significant consumer traffic due to its proximity to major retail centers like Parkridge Center, Bull Run Plaza, and Sudley Towne Plaza. The property serves as a full-service facility for the church, encompassing a worship sanctuary and numerous classrooms for various church activities. This is an ideal, low-management investment opportunity for a passive investor seeking stable, long-term income with built-in growth. The lease commenced June 20, 2009. The tenant is responsible for all taxes, insurance, and common area maintenance (CAM) expenses.

Location Insight

City

Manassas

County

Prince William

State

Virginia

Longitude

-77.5112

Latitude

38.806