DC Prime

 

  • 100% Occupied Single Tenant Absolute NNN with 18.5 Years Remaining
  • Three (3) x Five (5) Year Renewal Options
  • 1.50% Annual Rent Increases – Next Rent Increase is in October 2017
  • Built in 2015 and Extremely Well Maintained
  • Guarantor is Arizona’s at Stonecrest Inc. with an Initial 5 Year Personal Guarantee from Mark Craig and Additional Rolling 2 Year Personal Guarantee from Mark Craig
  • Personal Guarantor is an Extremely Successful and Seasoned Restaurateur that Owns and Operates Over 15 Restaurant Concepts with Total Revenue in Excess of $35 Million
  • Located in One of the Most Affluent and Fastest Growing Areas in the Virginia and Washington D.C. Market – Over 168,000 Residents with an Average Household Income of $141,426 Within a 5-Mile Radius
  • Located Adjacent to One Loudoun – Mixed Retail, Residential, and Office Complex Including 700,000 SF of Retail Space, 3M SF of Class A Office Space and Over 1,500 Residential Units
  • Strong Visibility from Route 7 – Primary Commercial Retail Artery Which Leads to and From Major Markets in Northern Virginia (Over 98,000 VPD)
  • Adjacent to University Center – 400,000+ SF of Prime Class A Office Space, 280 Hotel Rooms, a School and 67,000+ SF of Mixed Retail
  • Less Than 10 Miles from Dulles International Airport

In Cooperation with Russell Lynn Stanfield, VA Broker Lic# 0225222336 of JDS Real Estate Services, Inc. VA Broker Lic# 0226026959

Starbucks | Verizon

 

  • Leasehold Investment Opportunity with Starbucks & Verizon Wireless Franchisee as Tenants
  • High Return and Ability for Full Depreciation Due to Leasehold Nature of Investment
  • Buyer has the Opportunity to Purchase the Fee Interest (Land) in 2017
  • Property Sits on Outparcel to Major Shopping Center on a Primary Arterial in the Trade Area
  • Destination Retail Location with Adjacent Tenants Including: Food Lion, Rite Aid, TJ Maxx, McDonalds, Five Guys, Hardy’s, PNC Bank & More
  • Long Term Leases – Starbucks with 8 Years Remaining and Cellular Sales of Virginia (Verizon) with 7 Year Remaining
  • Strong Rental Increases – Cellular Sales of Virginia (Verizon) with 15% Increases Every 5 Years and Starbucks with 10% Increases Every 5 Years
  • Property Renovated in 2012

Rite Aid

 

  • Fee Simple Rite Aid Drug Store
  • Rite Aid has Occupied this Location since 1998 & has been One of the Leading Drug Stores in the Trade Area for Over 15 Years
  • 8 Years Remaining on Initial Lease Term with Five 5-Year Options to Extend
  • 10% Rent Increases at Each Option Period
  • Rite Aid Currently Paying Well Below Market Rent
  • Immediate Frontage Road Visibility from Chamberlayne Rd with Over 30,000 VPD
  • Strong Demographics Amongst Trade Area