105 West Lee Hwy
Warrenton, VA 20186

STABLE INCOME PROPERTY

Main Photo

Alpha Royale Commercial Group proudly offer for sale Applebee's (the "Property"), a 4,401 SF, 100% occupied nationwide chain restaurant proeprty in Warrenton, VA. The Property is situated on an outparcel of a 217,357 square feet community center anchored by HomeGoods, Giant, Safeway, Five Below, etc. and across road from  Harris Teeter, Northrock Shopping Center. The Property offers over 180 feet frontage on Lee Hwy and 230 feet frontage on Fletcher Drive. 

• Price: $4,979,400
• Cap Rate: 5.5% - 2023
• Year Built: 1997 
• Lot Size: 41,711 SF
• Lease Type: NNN 
• Roof and Structure: Landlord
• Team Term: 20 Years
• Lease Expiration Date: June 12, 2028
• Options: Four-5 year options
• Increase: 10% every 5 year thereafter

PROPERTY OVERVIEW

Applebees_Flyer_v1_Page_4_edited.jpg
D85_1284 (4).JPG
D85_1280 (3).JPG

LOCATION

52126737188_f55f73b0b2_c (1)_edited.jpg

HIGHLIGHTS
The TOWN OF WARRENTON is located in the north central Piedmont region of Virginia, approximately 45 miles from the nation's capital, Washington D.C.. Founded in 1810, the Town is a great place to LIVE, WORK VISIT and DISCOVERY. The Town is the star of the Piedmont with the Blue Ridge Mountains as its backdrop and shopping, vineyards, and horse country on its stage.

DEMOGRAPHICS
• Population:                               42,266
• Households:                             15,259
• Median Household Income:   $104,107

NOTABLE RETAILS & AREAS
• Starbucks
• Home Goods
• Harris Teeter
•Chick-Fil-A
• Five Below

Warrenton Courthouse.jpg
blackbearbistro-slider-1-1030x538.jpg
WarrentonVA_Image-1-scaled.jpg