5459 Old Alexandria Tpke
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5459 Old Alexandria Tpke
1,900 SF Retail Building Warrenton, VA 20187 $1,240,000 ($653/SF) 6.17% Cap Rate
Executive Summary
Rare find! Auto sales lot with freestanding 1,900 SF building & approximately 30 parking spaces. Zoned C-1 with approved auto sales use! Currently leased through July 2030. Monthly rent effective 7/1/25 is $6,376.01 NNN with 3% annual escalations each year. Extremely well located property with excellent visibility on Rt. 29/Lee Hwy. 48,000 VPD! Approximately 5 miles outside of Gainesville & Warrenton.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,900 SF
Building Class
C
Year Built
1985
Price
$1,240,000
Price Per SF
$653
Cap Rate
6.17%
NOI
$76,512
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.70 AC
Zoning
C-1
Parking
25 Spaces (13.16 Spaces per 1,000 SF Leased)
Frontage
47 FT on Old Alexandria Tpke
Amenities
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 7906-00-6859 | Improvements Assessment | $139,400 |
| Land Assessment | $601,100 | Total Assessment | $740,500 |
PROPERTY TAXES
Parcel Number
7906-00-6859
Land Assessment
$601,100
Improvements Assessment
$139,400
Total Assessment
$740,500
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5459 Old Alexandria Tpke
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