7911 Centreville Rd

Investment Highlights

Opportunity Zoned building located in the rapidly growing area of Prince William County. The building has been beautifully maintained and is 6300sqft.

Executive Summary

In 2020, the tenant invested $300,000 in capital improvements to the building.The population within a five-mile radius is 205,296. Prince William County's population grew by 43% from 2000 to 2010.Prince William County boasts the second-highest population in Virginia.Net Leased Restaurant:Lease Commencement: 07/20/2023Lease Expiration: 08/31/2028Lease Term: 5 yearsRenewal Option: One 5-year optionLandlord Responsibility: Roof and structureProperty can be delivered with or without a tenant.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Convenience Store General Retail Freestanding Restaurant
• Building Size    7,300
• Building Class    B
• Year Built    1999
• Price    2,100,000
• Price Per SF    288
• Cap Rate    6.86
• NOI    144,000
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.20
• Land Acres    0.82 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Restaurant