Property Listing No Longer Available for Sale

6400 Hoadly Road, Manassas, VA

Retail for Sale - $7,687,075 - 14,550 Sq. Ft. on 2.02 acres


Property Info

CIMLS#122421
Location
  6400 Hoadly Road
  Manassas VA 20112
UpdatedJuly 30th, 2010
TypeRetail
Price$7,687,075
Building14,550 Sq. Ft.
Land2.02 acres

Property Description

This site is located at the signaled intersection of Purcell Road and Hoadly Road in the affluent suburb of Northern Virginia, immediately outside of Washington D.C. This large 2.54-acre site is bound by three streets at a recently expanded intersection. Washington D.C. and its suburbs were most recently named the


Financials

This new Walgreens store, located in Manassas, Virginia, will commence rent in May 2010 subject to a new 25-year lease. This oversized 2.54-acre site is extremely well located in a very affluent suburb of Washington, D.C., with average household income levels over $115,000. While the population density provided in the demographic reports herein might appear low, investors are encouraged to visit this site. It appears that the recent population explosion in this area is understated in the demographic reports; new residential subdivisions are still under construction. The site is about 20 miles outside of Washington, D.C. and it occupies a phenomenal corner that has great visibility. The pad is slightly elevated which allows approaching customers to see this site as far as one-half mile away. In addition, this site is immediately across from a CVS/pharmacy store that is an outparcel to a Bloom anchored shopping center. The CVS/pharmacy location has inferior access and is located approximately 70 feet below the roadway