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5216 Wilson Boulevard NArlington, VA 22205MLS Number VAAR2032592

  • Price: $1,900,000
  • 344 Days on Market
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5216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 222055216 Wilson Boulevard N Arlington VA 22205
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  • 0.09Acreage
  • 1952Year Built
  • 1027Price Per Square Foot
  • 2023Assessment Year
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!
Listed by Ahmad Omar Azzarkani, Samson Properties

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaArlington

Parking

  • Parking FeaturesSurface
  • Parking TypesOther, Driveway

Basic Information

  • Date Listed06/21/2023

Location

  • Address5216 Wilson Boulevard N
  • Building Number5216
  • CountyArlington
  • DirectionsOff of Wilson Blvd
  • StateVA
  • SubdivisionBrandon Village
  • TownArlington
  • Zip22205

Exterior

  • RoofFlat

Amenities

  • Accessibility AmenitiesOther
  • Other AmenitiesBasement

Basic Information

  • Broker NameSamson Properties
  • List Price$1,900,000
  • MLS NumberVAAR2032592
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot1027
  • StatusACT

Building

  • Building Area SourceAssessor
  • Building Area Total1850
  • Construction MaterialsMasonry
  • Stories2
  • Total Garage And Parking Spaces5
  • Year Built1952
  • Year Built Effective2021

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemHeat Pump(s)
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2023
  • County Tax$11,177
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$982,200
  • Tax Lot109
  • Tax Year2023
  • Taxes$11,344
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.09
  • Business TypeRestaurant/Bar
  • Lot DescriptionFront Yard, Rear Yard, Road Frontage
  • Lot Size SourceAssessor
  • Lot Size Square Feet4,073
  • New Construction YNN
  • Property ConditionAverage
  • Property SubTypeRetail
  • Road Surface TypePaved, Access - Above Grade
  • ZoningC-1

Other

  • View Count39

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Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated May 30, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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