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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10 Ml Rd Verona, VA 24482

3,461 SF 0.81 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, free-standing Burger King restaurant located at 10 Quick's Mill Rd, Verona, VA 24482. The property boasts a substantial 3,461 square foot building constructed in 1995 on a 0.81-acre lot, zoned B2. The restaurant benefits from a strong 13-year remaining lease term with four 5-year renewal options, ensuring long-term income stability. The lease is a Net-Net-Plus (NN+) structure, with the landlord responsible for maintaining the parking lot, while all other expenses are passed through to the tenant. The property features 11 parking spaces and is situated in a thriving area of the Shenandoah Valley. With a current asking price of $1,600,000 and a projected cap rate of 6.00%, this investment offers significant potential for strong returns. The property consists of a single, one-story building. This is a rare opportunity to acquire a well-established, nationally recognized brand in a desirable location. The property's strong lease terms, favorable location, and attractive financial metrics make it an ideal addition to any commercial real estate portfolio.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1995
Total area 3,461 SF
Lot 0.81 ac (35,284 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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