Overview

Highlights

• 13 years remaining on absolute triple net (NNN) ground lease with zero landlord responsibilities and 10% increases every 5 years
• Guarantee Take 5’ ‘s largest franchisor; franchisor of the year in 2021 and currently operating 30+ locations
• 0.71-acre parcel with exceptional frontage along richmond road (42,100 VPD); regional accessibility via interstate-64 (42,417 VPD)
• Growing population of ±95,758 residents within 5 miles which is projected to increase by 1.21% over the next 4 years
• Affluent population base with an average household income of ±$119,045 and consumer spending approaching ±$1.8B within a 5-mile radius
• Less than 3 miles away from UVA and 2 miles from downtown Charlottesville; ±23,721 students enrolled at the University of Virginia
• Surrounding nationals retailers include Wawa, O’Reilly Auto Parts, McDonald’s, Wendy’s, Goodwill, Taco Bell

Documents

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