5216 Wilson Blvd N, ARLINGTON, VA

$1,900,000

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1,840

Square feet

0.09

Acres

About 5216 Wilson Blvd N

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!

Features of 5216 Wilson Blvd N

MLS® # VAAR2032592
Price $1,900,000
Bathrooms 0.00
Square Footage 1,840
Acres 0.09
Year Built 1952
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 5216 Wilson Blvd N
Subdivision BRANDON VILLAGE
City ARLINGTON
County ARLINGTON-VA
State VA
Zip Code 22205

Amenities

Parking Surface
Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description Front Yard, Rear Yard, Road Frontage
Roof Flat

School Information

District ARLINGTON COUNTY PUBLIC SCHOOLS

Additional Information

Zoning C-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSamson Properties
Contact Info(703) 378-8810

Listing Map

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