nnn, single tenant for sale investment in...northern virginia, is a 14-year real estate industry...

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14506 Lee Road, Suite E Chantilly, VA 20151 703.378.8500 CLARKEHOOK.COM Presented By JOE SERAFIN 703.994.7510 jserafi[email protected] NNN, SINGLE TENANT INVESTMENT IN HERNDON, VA 13251 Woodland Park Road, Herndon, VA 20171 FOR SALE NNN Investment Property $4,375,000 January 10, 2019

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Page 1: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

P r e s e n t e d B y

J O E S E R A F I N7 0 3 . 9 9 4 . 7 5 1 0

j s e r a fi n @ c l a r k e h o o k . c o m

NNN, SINGLE TENANTINVESTMENT INHERNDON, VA1 3 2 5 1 Wo o d l a n d P a r k R o a d , H e r n d o n , VA 2 0 1 7 1

FOR SALEN N N I n v e s t m e n t P r o p e r t y

$ 4 , 3 7 5 , 0 0 0

J a n u a r y 1 0 , 2 0 1 9

Page 2: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 2

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

SALE PRICE $4,375,000

OFFERING SUMMARY

Cap Rate: 6.35%

NOI: $277,679

Lot Size: 0.88 Acres

Year Built: 2007

Building Size: 7,014 SF

Market: Washington D.C. Metro -

Northern Virginia

DEMOGRAPHICS

1 MILE 3 MILES 5 MILES

Total Households 9,498 36,287 83,086

Total Population 23,313 101,746 224,855

Average HH Income $109,453 $125,184 $126,546

PROPERTY HIGHLIGHTS

NNN INVESTMENT PROPERTY

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FOR SALEO f f e r i n g M e m o r a n d u m

Page 3: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 3

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

RETAILER MAP

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FOR SALEO f f e r i n g M e m o r a n d u m

Page 4: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 4

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

AERIAL

J A N U A R Y 1 0 , 2 0 1 9

FOR SALEO f f e r i n g M e m o r a n d u m

Page 5: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 5

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

RENT SCHEDULE

J A N U A R Y 1 0 , 2 0 1 9

FOR SALEO f f e r i n g M e m o r a n d u m

Page 6: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 6

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

POPULATION 1 MILE 3 MILES 5 MILES

Total population 23,313 101,746 224,855

Median age 32.0 34.8 36.2

Median age (Male) 32.1 35.0 35.8

Median age (Female) 31.8 34.8 36.6

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 9,498 36,287 83,086

# of persons per HH 2.5 2.8 2.7

Average HH income $109,453 $125,184 $126,546

Average house value $442,813 $506,054 $533,392

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAP

J A N U A R Y 1 0 , 2 0 1 9

FOR SALEO f f e r i n g M e m o r a n d u m

Page 7: NNN, SINGLE TENANT FOR SALE INVESTMENT IN...Northern Virginia, is a 14-year real estate industry veteran and specializes in directing the investment sales, acquisitions, land development,

P A G E | 7

1 4 5 0 6 L e e R o a d , S u i t e E • C h a n t i l l y, VA 2 0 1 5 1 • 7 0 3 . 3 7 8 . 8 5 0 0 C L A R K E H O O K . C O M

14506 Lee Road, Suite EChantilly, VA 20151T 703.994.7510C [email protected] #0225091673

PROFESSIONAL BACKGROUND

Joe, an associate broker and partner in the Clarke-Hook Brokerage Group based inNorthern Virginia, is a 14-year real estate industry veteran and specializes in directing theinvestment sales, acquisitions, land development, and property investment consultationfor his clients in a wide array of real estate transactions.

Joe has built a solid foundation through his representation of many developers, privateequity firms, and individual investors throughout the years and has successfully closedover $500M of transactions since his start in the industry. His specific areas of expertiseinclude strategic planning, financial investment analysis, and financial structuringensuring solid and transparent property investments for his clients.

By applying this expertise and market knowledge, Joe consistently exceeds theinvestment goals for his clients and has earned their trust as a reliable resource, creatinglife-long business and personal relationships. Joe is an active member of manyprofessional networking real estate groups and graduated from Virginia Tech with aBachelor of Business Administration degree.

JOE SERAFIN

Associate Broker | Director Of Investment Sales & Acquisitions

BROKER CONTACT INFO

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FOR SALEO f f e r i n g M e m o r a n d u m