9933 Sowder Village Sq
Manassas, VA 20109
SunTrust Bank Absolute NNN Offering · Retail Property For Sale
Property Facts
About 9933 SOWDER VILLAGE SQ , MANASSAS, VA 20109
The Kase Group is pleased to exclusively present for sale this SunTrust Bank located in Manassas, Virginia. The property is subject to an absolute NNN ground lease with zero landlord responsibilities or expenses. SunTrust’s initial 20 year lease ends in June of 2028. The asset benefits from extremely rare 10% rental increases in the initial term of the lease and in each of the two - 5 year option periods. The lease is corporately guaranteed by SunTrust Banks, Inc., a publicly traded, investment grade credit tenant rated A- by Standard & Poor’s. The asset is an ideal pad site within the 102,000 SF, Super Target-anchored Center at Innovation. The Center is strategically located on Nokesville Road (VA-28) just west of the interchange with Prince William Parkway (VA-234), an intersection considered the “Main and Main” of Manassas, Virginia.
Property Taxes
| Parcel Number | 7595-83-5325 | Improvements Assessment | $1,298,900 |
| Land Assessment | $479,100 | Total Assessment | $1,778,000 |
Property Taxes
