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31796598
23379604

14079 Richmond Hwy, Woodbridge, VA 22191

AF
VA VA 0225193951, PA PA RSR006585 (+2)
SRS Real Estate Partners McLean
PW
FL SL3430880
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$7,425,000
391 days on market
Updated 48 days ago

Woodbridge, VA - Marumsco Plaza

Details
Property Type Retail
Sub Type Strip Center
Square Footage 14,990
Units 4
Cap Rate 5.60%
NOI $415,897
Occupancy 100%
Tenancy Multi
Brand/Tenant Advanced Auto Parts, Little Caesars (+1)
Lease Type NNN
Rent Bumps Yes
Lease Options yes
Broker Co-Op Yes
Year Built 2012
Acreage 1.610
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Credit Rated, Franchisee (+1)
Ownership Fee Simple (Land & Building)

15K SF Retail Center Anchored by AAP & Sherwin Williams | 100% Leased Multi-Tenant Pad

Marketing description

Multi-Tenant Retail Opportunity | Limited Landlord Responsibilities | Established Tenants | Scheduled Rental Increases

• Multi-tenant retail investment opportunity in Woodbridge, Virginia, an affluent suburb of Washington, D.C.

• Offering includes a multi-tenant building featuring a diverse lineup of tenants including Advance Auto Parts, Little Caesars, Boost Mobile & Sherwin-Williams

• All tenants occupying the multi-tenant property operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor

• Majority of the tenants in this offering feature scheduled rental increases, growing NOI and hedging against inflation

US Route 1 (38,000 VPD) | Excellent Visibility | Significant Street Frontage

• The property is strategically located along US Route 1, a major thoroughfare serving the region, which averages 38,000 vehicles passing by daily

Outparcel to Family Dollar Anchored Center | Dense Retail Corridor

• The property is ideally situated as an outparcel to Marumsco Plaza, a shopping center anchored by Family Dollar and Todo’s Supermarket in the heart of a dense retail corridor

• Other nearby national/credit tenants include 7-Eleven, McDonald’s, Pepboys, Valvoline, Aaron’s, Planet Fitness, and many more

• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

Affluent, Direct Consumer Base | Washington DC MSA | Strong Demographics in 5-Mile Trade Area

• The 5-mile trade area is supported by more than 203,900 residents and 53,700 employees, providing a direct consumer base to draw

• Residents within 5 miles of the subject property boast an affluent average household income of $141,857

• Woodbridge, Virginia is located just 23 miles from Washington DC, and benefits from close proximity to Arlington, Alexandria, and Crystal City

Listing Contacts

AF
VA VA 0225193951, PA PA RSR006585 (+2)
SRS Real Estate Partners McLean
PW
FL SL3430880
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$415,897.00
$34,658.08/mo

Valuation Metrics

0
DSCR
5.6%
Cap Rate
5.6%
ROI

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Additional Information

Name
Andrew Fallon
License
VA License No. #0225193951
Brokerage
SRS National Net Lease Group, LP
Title
Broker of Record
Name
Andrew Fallon
License
VA 0225193951
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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