46386 Logan Way Sterling, Virginia, 20165 United States
Save

46386 Logan Way
Sterling, Virginia, 20165 United States

TTR Sotheby's International Realty
Listing image
Listing image

Property details

  • Property type

    Commercial

  • Status

    Available

  • Year Built

    1995

  • property taxes

    $17,937/Year

46386 Logan Way

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

Listing Courtesy of Serafin Real Estate

Data provided by BRIGHT MLS

Amenities & Features

  • Listing Details
    • Property ID
      VALO2032284
    • MLS#
      VALO2032284
    • Property type
      Commercial
    • Marketed By
      Virginia Brokerage
    • Status
      Available
    • Listing Price
      $3,360,000
    • County
      Loudoun County
  • Utilities & Building
    • Year Built
      1995
    • property taxes
      $17,937/Year
    • Lot Size Unit
      Acre(s)
    • Lot Size
      1.14
    • cooling
      Electric
    • Other
      Public Sewer Service
  • Interior
    • Amenities
      A/C
  • Additional Features
    • Features
      Concrete Block