5216 Wilson Boulevard N
Arlington,
VA
22205
Property Details
List Price: |
$2,150,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
-- |
Agency: |
Samson Properties |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1952 |
Notes: |
NNN INVESTMENT OPPORTUNITY, SALE LEASE-BACK. Minutes from Ballston! Restaurant and Hookah Lounge with late night hours. Owner spent over $120k to renovate the property, including a brand new 15-year warranty roof. Lebanese concept and hookah lounge on "Restaurant" Blvd. Basement lounge featuring a second kitchenette and 18-20 tables, as well as 50-60 seats outdoor on a two tiered 1100 sq ft patio and deck. Sale Lease-back terms offered at 10 years base rent with 2 (5) year options. Absolute NNN 7.53% cap rate; 162k NOI. Great 1031 option! |
MlsNumber: |
VAAR2032592 |
Estimate Your Monthly Payment
Listing Provided By: |
Samson Properties, original listing |
Name: |
Samson Properties |
Phone: |
(703) 896-5869 |
Office Name: |
Samson Properties |
Office Phone: |
(703) 378-8810 |
Agent Name: |
Ahmad Azzarkani |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |