Wells Fargo Ground Lease

16300 Navigation Drive, Prince William County VA

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Wells-Fargo-Ground-Lease

Prince William County is a county on the Potomac River in the Commonwealth of Virginia. As of the 2010 census, the population was 402,002, on 1 July 2015, the population was estimated to be 451,721, making it Virginia’s second-most populous county. Its county seat is the independent city of Manassas, and in 2012 it had the seventh highest income of any county in the United States.

Prince William County

  • Great for 1031 trade
  • 4000 sq ft Building
  • Triple Net Income $102,850.00
  • 9 years left on primary term with 2 five-year options
  • Corner lot
  • Drive Thru
  • 11 years old
  • Bumps every 5 years 10% next increase 2021
  • Great Demos call for details
  • Near schools, retail centers, residential and apartments
  • Traffic count on main street 38,000 cars daily
  • Annual Bank Deposits: $39,300,000 ending June 2016

Property Specifications:

  • Price: $1,995,000
  • Cap rate: 5.15
  • Net Operating Income: $102,850.00
  • Lease Term: 9 years
  • Lease Type: Triple Net Income
  • Increases: Every 5 years, 10% next increase 2021
  • Building Size (sf): 4000
  • Broker Contact: 314-757-1031
In order to receive more information please complete a buyer’s form or call 314-997-5227. Westwood Net Lease Advisors specializes in many off-market opportunities that can’t be listed online.

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