$2,150,000

5216 WILSON BOULEVARD N, ARLINGTON, VA 22205, US

Summary

Year Built: 1952

Moving Quotes

primary photo for 5216 WILSON BOULEVARD N, ARLINGTON, VA 22205, US

Remarks

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 second 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!

Details

MLS#: VAAR2032592
Price: $2,150,000

Year Built: 1952

County: ARLINGTON
Subdivision: Brandon Village
Tax Fee: 11344.0

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Broker Contact


Samson Properties
14291 Park Meadow DRIVE 500
Chantilly, VA, 20151
US
Don Samson
! (703) 378-8810
! donnysamson@samsonpropeties.net
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-02-29T12:29:10.000-05:00.
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