Former SunTrust Park | Manassas, VA
We Are Pleased to Exclusively Offer For Sale a +/- 4,180 SF Absolute NNN Bank Lease Located at 9933 Sowder Village Square in Manassas VA. This Absolute Triple Net (NNN) Lease Has Over 6 Years of Term Remaining, a 10% Rent Increase on 07/01/2023 and is Located Within One of Virginia’s Fastest Growing and Most Stable Markets. SunTrust Bank is Open to a Buyout Providing a Value-Add Opportunity While Also Collecting Income From a Strong Credited Tenant.
- Attractive 10% Rent Increases in July 2023 Increasing the NOI to $532,400
- SunTrust Went Dark With the Merger of BB&T; SunTrust is Open to a Buyout of the Lease Creating a Value-Add Opportunity
- Value-Add Opportunity to Collect High Rent While Looking For a Replacement Tenant; SunTrust is Open to Doing a Buyout of Its Lease and This Site Presents a Great Opportunity For a QSR Tenant in a Market Where There is a Shortage of QSR Tenants Within a 3-Mile Radius
- Located on the Main Corridor in Manassas, VA
- Highly Visible and Trafficked Site on Nokesville Road Which Sees 39,000 VPD
- Incredibly Strong Demographics With 52,006 People Making an Average Household Income Over $146,494 Within a 3-Mile Radius
- In the Historic District of Manassas Which Creates Foot Traffic and Visitors That Want to Experience a Unique Dinning, Shopping and Attraction Experience
- Strong Retail Corridor With an Excellent Mix of National Retailers Including: Target, Marshall’s, Chick-fil-A, PetSmart, Starbucks, CVS Pharmacy and More
In Cooperation With: Scott Reid & ParaSell Inc., a Licensed VA Broker #0226032019 Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers
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