Retail Strip Center, 100% Leased, Reston, VA
$15,000,000
11990 Market Street, Reston, VA 20190
For Sale
Retail
Active
Last Updated: 02/22/2024
7
Cap Rate
1,046,008
NOI
Details:
Cap Rate: 7%
NOI: $1,046,008
Building Size: 18,473 sqft
Occupancy: 100%
Lease Type: Triple Net
Tenancy: Multiple
Highlights:
- Durable Cash Flow from Seven Leading Restaurants & Retailers
- Exceptional Demographic Profile
- Centrally Located within the World-Class Reston Town Center
- New Metro Silver Line Sparking Significant Nearby Residential Development
Description:
Retail at Midtown is a retail condo below 653 luxury residential units in the heart of Reston Town Center - twenty miles west downtown Washington, DC. Comprising 18,473 SF, the Property is 100% leased to seven tenants including the recently signed Ruth's Chris Steak House. Within three miles of the property the population is 128,725 with an average household income of $165,715.
Documents:
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Retail_at_Midtown_-_Flyer.pdf
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Location
Gallery
