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Earl Scheib Auto Paint and Body
2920 Jefferson Davis Hwy, Alexandria, VA 22305
Last Verified 2/23/2010
Listing ID 16441106
Description
Investment Highlights:
-15 Year Absolute Triple Net Corporate Sale Leaseback, with one (1) five (5) year option
-Earl Scheib has been operating at this location since 1959
-The industry benefits during economic downturns
-Prime site for future redevelopment
-Ideal 1031 investment - true NNN with no property management required
-Earl Scheib is under new management & ownership
-All sites are undergoing cosmetic upgrades including a red, white & blue paint scheme and new signage featuring the revamped Earl Scheib logo
-Well populated area: 514,000 people in a 5-mile radius
-High traffic counts: 61,000 per day on Jefferson Davis Highway / US-1
Property Description:
-The subject property is a 6,576 square foot freestanding commercial building built in 1966, located on approximately 20,345 square feet of land.
-The property is zoned CSL and allows for a wide variety of uses. It is located on the corner of Jefferson Davis Hwy / US-1 and E Glebe Rd.
-The asset is well located in an area with many other established national retailers. The prominent corner offers excellent visibility. The outstanding location and easy freeway access make this central location a valuable NNN lease investment with future upside potential.
Map of 2920 Jefferson Davis Hwy, Alexandria, VA 22305 (Alexandria City County)
Created 10/21/2009
Additional Information for 2920 Jefferson Davis Highway, Alexandria, VA 22305
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO