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5459 Old Alexandria Tpke 1,900 SF Retail Building Warrenton, VA 20187 $1,730,941 CAD ($911.02 CAD/SF) 6.17% Cap Rate

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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
$1,730,941 CAD
Price Per SF
$911.02 CAD
Cap Rate
6.17%
NOI
$106,805 CAD
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’ on Old Alexandria Tpke

AMENITIES

  • Freeway Visibility
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7906-00-6859
Land Assessment
$847,244 CAD
Improvements Assessment
$196,483 CAD
Total Assessment
$1,043,727 CAD
  • Listing ID: 31153668

  • Date on Market: 2024-03-07

  • Last Updated:

  • Address: 5459 Old Alexandria Tpke, Warrenton, VA 20187

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