46386 LOGAN WAY

$3,360,000

46386 LOGAN WAY, STERLING, Virginia 20165 - $3,360,000

1.14 Acre
Property Description

NNN investment opportunity with brand-new 10 year lease and 3% annual rent escalations. The leasenincludes 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.nnTENANT: Caritas Academy LLCnLEASE COMMENCEMENT: July 1, 2022nRENT COMMENCEMENT: October 1, 2022nLEASE EXPIRATION: June 30, 2032nLEASE TERM: 10 YearsnRENEWAL OPTIONS: 1 x 5 YearsnRENT INCREASES: 3% AnnuallynPROPERTY TAXES: Tenant ResponsibilitynPROPERTY INSURANCE: Tenant ResponsibilitynCOMMON AREA: Tenant ResponsibilitynROOF: Landlord ResponsibilitynSTRUCTURE: Landlord ResponsibilitynHVAC: Tenant ResponsibilitynUTILITIES: Tenant Responsibility

Property Details
Basic Details
Property Type : Land
Price : $3,360,000
Year Built : 1995
Lot : 1.14 Acre
Status : Active
Features
: Heat pump(s)
: Central a/c
: Main entrance lock, Sprinkler system - indoor
Address Map
US
VA
Northern Virginia
LOUDOUN
STERLING
20165
W78° 36' 20.1''
N39° 1' 52.6''
Additional Details
6,568 Sq.Ft
: Pdh4
N
: Negotiable
Private Sewer
: Public
$0
511.57
2022
17937
: Asphalt, Shingle
Sean Kline
VALO2032284

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