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1681-1685 S Pleasant Valley Rd
Winchester, VA 22601
Ruby Tuesday | 15yr Abs NNN | Outparcel · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Restaurant
- Signalized Intersection
ABOUT 1681-1685 S PLEASANT VALLEY RD , WINCHESTER, VA 22601
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Ruby Tuesday, a corporate guaranteed, absolute NNN leased investment property located in Winchester, VA. The tenant, Ruby Tuesday Inc., has demonstrated their commitment to the site by renewing their lease early providing 15 years of firm lease term with 4 (5-year) options to extend. As of December 21, 2017, NRD Capital, an Atlanta-based private equity firm, acquired Ruby Tuesday. Collectively, the team at NRD Capital has been involved in 20 brands, including Popeyes, Burger King, Subway, and more. The lease features 2% annual rental increases throughout the initial term and option periods, and is absolute NNN with zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 253-01-7 | Improvements Assessment | $804,500 |
| Land Assessment | $725,800 | Total Assessment | $1,530,300 |
PROPERTY TAXES
