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Burger King 10 Quicks Mill Rd

3,461 SF 4-Star Retail Building Verona, VA 24482 £1,264,016 (£365/SF) 7% Net Initial Yield

Executive Summary

13 years left on lease, auto renew with 4 option terms 5 years each. Landlord maintains parking lot, all other expenses passed through tenant

Property Facts

Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,461 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1995
Price
£1,264,016
Price Per SF
£365
Net Initial Yield
7%
NOI
£88,481
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
1.00 AC
Zoning
B-2
Parking
43 Spaces (12.42 Spaces per 1,000 SF Leased)
Frontage
121 ft on Lee Hwy

Amenities

  • Pylon Sign
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036A2-3-8
Land Assessment
£259,360
Improvements Assessment
£565,094
Total Assessment
£824,454
  • Listing ID: 31413194

  • Date on Market: 04/04/2024

  • Last Updated:

  • Address: 10 Quicks Mill Rd, Verona, VA 24482

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