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46386 Logan Way

STERLING, VA 20165
  • $3,360,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: VALO2032284
UPDATED: 211 min ago
$3,360,000
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Description

NNN investment opportunity with brand-new 10 year lease and 3% annual rent escalations. The leaseincludes the tenant's personal and corporate guaranty and 1 x 5 year renewal options. The projected revenue for the business is expected to exceed $900K in a 12-month period and the surrounding demographics provide a strong opportunity for growth.TENANT: Caritas Academy LLCLEASE COMMENCEMENT: July 1, 2022RENT COMMENCEMENT: October 1, 2022LEASE EXPIRATION: June 30, 2032LEASE TERM: 10 YearsRENEWAL OPTIONS: 1 x 5 YearsRENT INCREASES: 3% AnnuallyPROPERTY TAXES: Tenant ResponsibilityPROPERTY INSURANCE: Tenant ResponsibilityCOMMON AREA: Tenant ResponsibilityROOF: Landlord ResponsibilitySTRUCTURE: Landlord ResponsibilityHVAC: Tenant ResponsibilityUTILITIES: Tenant Responsibility

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T23:50:26.143.
www.jtrhome.com/homes/130767823
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46386 Logan Way STERLING, VA 20165

  • Price: $3,360,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 211 min ago
  • ID#: VALO2032284
0
Beds
0
Baths
0
½ Baths
1.14
Acres
1995
Built
County:
Loudoun
School District:
Loudoun County Public Schools
Property Description
NNN investment opportunity with brand-new 10 year lease and 3% annual rent escalations. The leaseincludes the tenant's personal and corporate guaranty and 1 x 5 year renewal options. The projected revenue for the business is expected to exceed $900K in a 12-month period and the surrounding demographics provide a strong opportunity for growth.TENANT: Caritas Academy LLCLEASE COMMENCEMENT: July 1, 2022RENT COMMENCEMENT: October 1, 2022LEASE EXPIRATION: June 30, 2032LEASE TERM: 10 YearsRENEWAL OPTIONS: 1 x 5 YearsRENT INCREASES: 3% AnnuallyPROPERTY TAXES: Tenant ResponsibilityPROPERTY INSURANCE: Tenant ResponsibilityCOMMON AREA: Tenant ResponsibilityROOF: Landlord ResponsibilitySTRUCTURE: Landlord ResponsibilityHVAC: Tenant ResponsibilityUTILITIES: Tenant Responsibility
Exterior Features

Construction Materials Hardiplank TypeConcrete Garage YN No Parking Types Parking Lot Riparian Rights YN No Roof AsphaltShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6568.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes Net Square Feet 6568.00 Security Features Main Entrance LockSprinkler System - Indoor

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Day Care FacilitySchool Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 210176.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 801724239004 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Special Purpose Sale Type Standard Sewer Private Sewer Tax Annual Amount 17937.00 Tax Assessment Amount 2015470.00 Tax Lot Lots Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning Pdh4

Listing courtesy of Serafin Real Estate: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T23:50:26.143.
 
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JTR Team | Coldwell Banker Realty
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Arlington VA, 22201