21287 Timberlake Rd - Fast Food FOR SALE


Lynchburg, VA 24502
$2,991,000 USD
818-632-0233
21287 Timberlake Rd, Lynchburg, VA for Sale
$2,991,000 USD
Fast Food - FOR SALE
1/5
null | 5.35% Cap Rate

21287 Timberlake Rd
Lynchburg, VA 24502


HIGHLIGHTS

  • New Construction | 15-Year Lease | 10% Increases Every 5 Years
  • Absolute NNN Ground Lease | Zero Landlord Responsibilities
  • Dense Retail Corridor | Frontage to 27,720 VPD
  • Established Lynchburg Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Dutch Bros investment property located in Lynchburg, Virginia. The tenant, Boersma Bros. LLC (dba Dutch Bros) recently signed a brand new 15-year lease, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$2,991,000 USD

PRICE/SF

$3,033 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | New 15-Yr Ground Lease | 28k VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

BGC

APN/PARCEL ID

020C-07000-008-0,020C-07000-012-0

ASK ABOUT THIS PROPERTY

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818-632-0233

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Aron ClineSRS National Net LeaseMore Info
818-632-0233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.