5003 Westone Plz Chantilly, VA 20151
- Commercial real estate
- 21,222 SF
- 2.99 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5003 Westone Plz
- Year built
- 2007
- Lot size
- 2.99 lot acres
- Property size
- 21,222 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 21,222-square-foot Class A restaurant building in Chantilly, Virginia. Located at 5003 Westone Plaza, this property boasts a 100% occupancy rate with a 15-year Absolute NNN lease commencing August 31, 2023. The lease includes a 6.02% cap rate and a substantial Net Operating Income (NOI) of $830,629. Built in 2007, the building sits on a 2.99-acre lot and is zoned I-3 (Industrial Light Intensity), offering flexibility for various uses. The tenant, Kindercare Learning Academies (operating as Creme De La Creme), has a licensed capacity of 225 and is backed by a corporate guaranty. The lease features annual rent escalations of 3%, ensuring consistent income growth. This prime location in Fairfax County, within the Washington, D.C. Metro area, provides access to a highly affluent and stable market. The asking price is $13,800,000. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chantilly
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.4587239
- Latitude
- 38.9016401
