510 Compass Point Plz SE - Retail FOR SALE


Leesburg, VA 20175- Outer Leesburg
$2,883,000 USD
980-498-3293
510 Compass Point Plz SE, Leesburg, VA for Sale
$2,883,000 USD
Retail - FOR SALE
1/3
null | 5% Cap Rate

510 Compass Point Plz SE
Leesburg, VA 20175
Outer Leesburg


HIGHLIGHTS

  • LONG-TERM GROUND LEASE WITH RENT INCREASES
  • CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
  • NNN GROUND LEASE - ZERO LANDLORD RESPONSIBILITIES
  • EXCEPTIONAL DEMOGRAPHICS & AFFLUENT TRADE AREA
  • HIGH-VISIBILITY LOCATION WITH STRONG TRAFFIC COUNTS
  • STRATEGIC PROXIMITY TO MAJOR METRO MARKETS

OVERVIEW

Atlantic Capital Partners is pleased to exclusively present a premier net lease ground lease opportunity, a Chipotle Mexican Grill located at 510 Compass Point Plaza within the Compass Creek mixed-use development in Leesburg, Virginia. This 2,325 square foot building situated on 1.14 acres offers investors the opportunity to acquire a long term, corporately guaranteed ground lease asset in one of the most affluent and fastest-growing submarkets in the Mid-Atlantic. Leesburg serves as the commercial and cultural hub of Loudoun County, Virginia, the wealthiest county in the United States by median household income. The town has experienced extraordinary growth driven by its proximity to Dulles International Airport, the Silver Line Metro extension, and the Dulles Technology Corridor, home to the world’s largest concentration of data centers. The result is a sustained influx of high-income households and a retail trade area with virtually no ceiling on consumer demand. The property sits at the heart of Compass Creek, Leesburg’s premier retail destination, with direct access to over 100,000 combined vehicle trips per day across the Leesburg Bypass (US 15/VA 7), the Dulles Greenway (VA 267), and Compass Creek Parkway. Washington, DC is 38 miles east, providing the scale and density of a major Metro Market while the site benefits from the pricing and growth trajectory of a high-growth suburban corridor.

FOR SALE DETAILS

PRICE

$2,883,000 USD

PRICE/SF

$1,240 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Leesburg, VA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

-

APN/PARCEL ID

234-49-0318

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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