1801 Carl D. Silver Pkwy, Fredericksburg, VA 22401
STRONG INTRINIC VALUE & BELOW MARKET RENT– The Tenant made a six-figure investment into renovating this former Smokey Bones restaurant. The landlord did an “as is” deal which provides strong residual to the investor for this 1.7-acre parcel. Further, the Tenant’s rental rate is estimated to be slightly below market by $2 PSF. The neighboring BJ’s Brewhouse was re-let for $26 PSF NNN in 2017.
License(s): VA: 0225215181
Virginia
STRONG INTRINIC VALUE & BELOW MARKET RENT– The Tenant made a six-figure investment into renovating this former Smokey Bones restaurant. The landlord did an “as is” deal which provides strong residual to the investor for this 1.7-acre parcel. Further, the Tenant’s rental rate is estimated to be slightly below market by $2 PSF. The neighboring BJ’s Brewhouse was re-let for $26 PSF NNN in 2017.
License(s): VA: 0225215181
Virginia
