46386 LOGAN WAY, STERLING, Virginia 20165 - $3,360,000
1.14 Acre
Coordinates #VALO2032284
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
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