5216 WILSON Blvd N Arlington, VA 22205
Price
$2,150,000
Listed On
Type
For Sale
Status
Active
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5216 WILSON Blvd N
For Sale $2,150,000
5216 WILSON Blvd N, Arlington, VA 22205 - 0 Beds, 0 Bath
5216 WILSON Blvd N, Arlington, VA 22205 - 0 Beds, 0 Bath
5216 WILSON Blvd N, Arlington, VA 22205 - 0 Beds, 0 Bath
Asking $2,150,000
Snapshot
Property Type
Other
Lot Size
0.09 acres
Property Sqft
MLS Number
VAAR2032592
Year Built
1952
Days On Market
Description
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!
More Details
Provider
Samson Properties
MLS ID
TRENDPA
MLS Name
Bright MLS
MLS Number
VAAR2032592
URL
Source
listhub
PARTICIPANT
Name
Ahmad Azzarkani
Primary Phone
(703) 896-5869
Key
3YD-TRENDPA-3321467
Email
ahmad@srg-commercial.com
BROKER
Name
Samson Properties
Phone
(703) 896-5869
OFFICE
Name
Samson Properties
Phone
(703) 378-8810
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $2,150,000 | Samson Properties |
Nearby Schools
Elementary School Arlington Traditional | 0.2 miles away | PK - 05 | |
Elementary School Ashlawn Elementary | 0.7 miles away | PK - 05 | |
Elementary School Barrett Elementary | 0.7 miles away | PK - 05 |
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