520 Compass Point Plz SE - Retail FOR SALE


Leesburg, VA 20175- Outer Leesburg
$2,185,000 USD
980-498-3293
520 Compass Point Plz SE, Leesburg, VA for Sale
$2,185,000 USD
Retail - FOR SALE
1/4
null | 5.95% Cap Rate

520 Compass Point Plz SE
Leesburg, VA 20175
Outer Leesburg


HIGHLIGHTS

  • LARGEST EAST COAST POPEYES FRANCHISEE | $225M+ REVENUE PLATFORM
  • NNN GROUND LEASE - ZERO LANDLORD OBLIGATIONS
  • EXCEPTIONAL DEMOGRAPHICS & AFFLUENT TRADE AREA
  • HIGH-VISIBILITY LOCATION WITH STRONG TRAFFIC COUNTS
  • STRATEGIC PROXIMITY TO MAJOR METRO MARKETS
  • RAPIDLY GROWING SUBMARKET WITH STRONG DEMAND DRIVERS

OVERVIEW

Atlantic Capital Partners is pleased to exclusively present an absolute NNN ground lease investment opportunity, a Popeyes Louisiana Kitchen located at Compass Point Plaza within the Compass Creek mixed-use development in Leesburg, Virginia. This 2,500 square foot building situated on 0.73 acres offers investors a fully passive, zero-landlord obligation income stream, corporately guaranteed by one of the most recognizable brands in the global QSR industry. The Popeyes is franchised by the second largest Popeyes franchisee in the United States, providing institutional-grade credit behind a 20-year ground lease with 16 years of remaining term and fixed 10% rent bumps every five years, growing NOI from $130,000 to over $209,000 across the full lease duration. With two additional 5-year renewal options extending the potential term through 2052, this asset offers exceptional hold period flexibility and income visibility from day one. The site sits within Compass Creek, Leesburg’s dominant retail destination, at the intersection of three arterials generating over 100,000 combined daily vehicle trips. Loudoun County is the wealthiest county in America, with average household incomes exceeding $212,000 within 5 miles and one of the fastest-growing residential populations on the East Coast fueled by Dulles.

FOR SALE DETAILS

PRICE

$2,185,000 USD

PRICE/SF

$1,096 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes - Leesburg, VA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

LB:B3

APN/PARCEL ID

234-49-9931

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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