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Burger King 10 Quicks Mill Rd

3,461 SF 4-Star Retail Building Verona, VA 24482 $1,600,000 ($462/SF) 7% Cap Rate

Executive Summary

13 years left on lease, auto renew with 4 option terms 5 years each. Landlord maintains parking lot, all other expenses passed through tenant

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,461 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1995
Price
$1,600,000
Price Per SF
$462
Cap Rate
7%
NOI
$112,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
B-2
Parking
43 Spaces (12.42 Spaces per 1,000 SF Leased)
Frontage
121 FT on Lee Hwy

Amenities

  • Pylon Sign
  • Drive Thru
  • Air Conditioning

Nearby Major Retailers

City National Bank
Starbucks
Food Lion
Cava
First Bank and Trust

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036A2-3-8
Land Assessment
$328,300
Improvements Assessment
$715,300
Total Assessment
$1,043,600
  • Listing ID: 31413194

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 10 Quicks Mill Rd, Verona, VA 24482

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