$1,900,000
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5216 Wilson Boulevard N Arlington, VA 22205
Retail
Residence
Beds
Baths
...
Bed/Bath
1,840
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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NNN INVESTMENT OPPORTUNITY, SALE LEASE-BACK. Minutes from Ballston! Restaurant and Hookah Lounge with late night hours. Owner spent over $120k to renovate the property, including a brand new 15-year warranty roof. Lebanese concept and hookah lounge on "Restaurant" Blvd. Basement lounge featuring a s...econd kitchenette and 18-20 tables, as well as 50-60 seats outdoor on a two tiered 1100 sq ft patio and deck. Sale Lease-back terms offered at 10 years base rent with 2 (5) year options. Absolute NNN 7.53% cap rate; 162k NOI. Great 1031 option!
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MLS#
VAAR2032592
Property Type
Retail
Year Built
1952
Square Feet
1,840
sq. ft
Price per Sq. Ft.
$1,027.03
Lot Size
0.09
Sewer
Public Sewer
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