310-913-1510
2710 S Glebe Rd, Arlington, VA for Sale
Auto Dealership - FOR SALE
1/8
null | Request Cap Rate

2710 S Glebe Rd
Arlington, VA 22206
Long Branch Creek


HIGHLIGHTS

  • Many Years Remaining on Lease | Scheduled Rental Increases | Corporate Guaranteed | Well-Known & Established Brand
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Dense Retail Trade Area | Major Nearby Shopping Centers | Strong Tenant Presence | Ronald Reagan Washington Airport
  • Located Along Glebe Road | Centralized Location |Washington DC MSA | Excellent Visibility & Access
  • Direct Residential Consumer Base | Affluent Community |Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, freestanding, Tesla Showroom and Repair Service investment property located in Arlington, VA (Washington DC MSA). The tenant, Tesla, Inc., has several years of firm term remaining with 2 (5-year) option periods left to extend. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (S&P: BBB) and is NN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Tesla is one of the world’s most valuable companies and remains the world’s most valuable automaker with a market capitalization of +/- $1T.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla Service Center | Corp Lse w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C-2

APN/PARCEL ID

38-012-002

ASK ABOUT THIS PROPERTY

Patrick WeibelThor Properties, LLCMore Info
310-913-1510

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Patrick WeibelThor Properties, LLCMore Info
310-913-1510

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