Financial Summary
| Asking Price | $2,100,000 |
| Cap Rate | 5.00% |
| Net Operating Income (NOI) | $105,000 |
| Lease Type | NNN |
| Lease Term Remaining | 15 Years |
| Increases | 10% Every 5 Years |
Offering Memorandum
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Highlights
- Large KFC franchisee (200+ Units)
- New 15-year absolute NNN lease indicates continuing commitment to location
- No landlord responsibilities
- Drive-thru location
- Located in excellent retail corridor
- Highway location adjacent to I-395
- Average HH income of $122,000
Net Lease Advisor
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Location
6227 Little River Turnpike
Alexandria, Virginia
