Listing Summary
This Class A retail investment offers a secure, long-term passive income stream through a high-growth national franchise.
Full Description
This Class A retail investment offers a secure, long-term passive income stream through a high-growth national franchise. The property features a brand-new 15-year NNN lease with Layne’s Chicken Fingers, a rapidly expanding concept, situated in the affluent and growing market of Warrenton.
Investment Highlights
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Exceptional Lease Terms: 15-year primary term with four 5-year renewal options.
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Inflation Hedge: Built-in 12% rent increases every five years, providing consistent yield growth.
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Performance Upside: Includes a percentage rent clause of 6% for gross sales exceeding $2.8M, allowing the owner to participate in the location's success.
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Stable Revenue: Projected gross rental revenue exceeds $2M over the life of the lease.
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Experienced Ownership: Operated by a proven multi-unit franchise partner.
Location & Demographics
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Prime Market: Located in Warrenton, a high-barrier-to-entry submarket.
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Affluent Customer Base: Boasts an impressive average household income of $137,583 within the immediate trade area.
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Steady Reach: Serves a population of over 26,000 residents within a 5-mile radius.
Financial Snapshot
| Feature |
Details |
| Sale Price |
$2,250,000 |
| Building Size |
2,778 SF |
| Tenant |
Layne’s Chicken Fingers |
| Lease Type |
Absolute NNN (Zero Landlord Responsibilities) |
| Rent Increases |
12% Every 5 Years |
Quick Glance
- Listing ID:
CL-Virginia-27265
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
N/A