2909 Gallows Rd - Restaurant FOR SALE


Falls Church, VA 22042
$7,400,000 USD
301-233-4713
2909 Gallows Rd, Falls Church, VA for Sale
$7,400,000 USD
Restaurant - FOR SALE
1/4
null | 5% Cap Rate

2909 Gallows Rd
Falls Church, VA 22042


HIGHLIGHTS

  • Absolute NNN Ground Lease – Silver Diner has operated since 1997 under an absolute triple-net (NNN) ground lease with zero landlord responsibilities.
  • Cover Land Opportunity with Future Repositioning – Situated on +/- 1.49 Acres the subject property zoned C-3 in Fairfax County.
  • High Traffic and Visibility Northern Virginia Location – Strategically positioned at the signalized intersection of Gallows Rd and Lee Hwy.
  • Highly Affluent and Densely Populated Trade Area – Located in Falls Church, within the Northern Virginia submarket.
  • The surrounding ±5-mile radius encompasses approximately 138,629 households with an average annual income of $208,755.

OVERVIEW

Kyle Matthews License # 0226035518 (VA) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$1,321 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silver Diner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

430

APN/PARCEL ID

0494-01-0049E

ASK ABOUT THIS PROPERTY

Josh EinMatthews Real Estate Investment ServicesMore Info
301-233-4713

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Josh EinMatthews Real Estate Investment ServicesMore Info
301-233-4713

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