9909 MAIN ST. FAIRFAX VA 22031
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1 OFFERING MEMORANDUM 9909 MAIN ST. FAIRFAX VA OFFERED FOR SALE BY KELLER WILLIAMS FALLS CHURCH PROPERTY HIGHLIGHTS ASKING PRICE $7,200,000 GROSS INCOME $442,080 CAP RATE 6.14% OWNERSHIP FEE SIMPLE LOT SIZE 30,056 SF GLA 14,960 SF YEAR BUILT 1985 RENOVATED 2001 ZONING C-3 PROPERTY SUMMARY Keller Williams Falls Church, as exclusive listing agent, is pleased to present 9909 Main Street, a premier automotive property in Fairfax, VA. The property features a modern automotive showroom and shop buildings for automotive service and repair. New led lights installed in June The 30,000 square foot corner lot provides excellent visibility and is located in a high traffic corridor on SR236, with close proximity to Downtown Fairfax City and other busy retail centers. The property is meticulously maintained, and is currently occupied by two tenants, anchored by Mr. Tire, a highly desirable co-tenant. Spacious parking lot for display of cars, trucks, etc. Sign is highly visible from street. High barrier-to-entry market with little planned supply; this is an excellent investment opportunity. FOR MORE INFORMATION PLEASE CONTACT Noel Harmer noel@localrp.com Lou Bonfiglio (703) lou@lcrg.properties 2016 Keller Williams Realty Falls Church. The information contained in this document has been obtained from sources believed reliable, however, KWFC has not verified it and makes no guarantee, warranty or representation about it. You and your advisors should conduct a careful, independent investigation of the property to determine the suitability of the property to your needs. 1-7
2 RENT ROLL & OTHER INCOME TENANT HIGHLIGHTS Mr. Tire a subsidiary of Monro is a chain of 1,118 Company-operated stores (as of March 25, 2017), 114 franchised locations, five wholesale locations, two retread facilities and 14 dealeroperated stores providing automotive undercar repair and tire sales and services in the United States. Monro is a publicly traded company on the Nasdaq, symbol MNRO. At March 25, 2017, Monro operated Company stores in 27 states. It is our mission to provide our customers with superior maintenance and repair services, quality replacement parts, and name brand tires, at affordable prices. We sell only what you need, done right the first time guaranteed. Rated as the top luxury car dealer in Northern Va and winner of VIADA's prestigious Dealer of the Year Award, Fairfax Motors strives on bringing an unparalleled experience to you... our customer. Since 1993 Fairfax Motors has been exceeding the expectations of thousands of discriminating pre- owned luxury automobile buyers in Maryland, Virginia, Washington DC and beyond. Every vehicle we sell is hand-picked by our founder and president, Andy Gurowitz, with the upmost in quality in mind.we have a strong and committed sales staff with many years of experience in the exotic and luxury car market satisfying our customers' needs. 2-7
3 DEMOGRAPHICS & TRAFFIC PATTERNS Population 1 Mile 3 Mile 5 Mile 2016 Total Population: 14, , , Population: 15, , ,556 Pop Growth : 7.85% 5.59% 4.65% Average Age: Households 2016 Total Households: 4,393 42, ,148 HH Growth : 9.65% 5.81% 4.72% Median Household Inc: $123,577 $118,950 $111,977 Avg Household Size: Avg HH Vehicles: Housing Median Home Value: $561,696 $528,721 $516,492 Median Year Built: TRAFFIC Collection Traffic Count Dist from Cross Street Street Volume Year Subject Main St Burke Station Rd 41, Burke Station Rd Cresence Way 6, Main St Fairfax Sq 39, Maple Ave John Robert Way Burke Station Rd Barbara Ann Ln 6, Maple Ave Lenox Dr Roberts Rd Wrens Ct 4, Maple Ave Minton Dr Laurel St Burke Station Rd 5, Roberts Rd Sager Ave 8,
4 AERIAL MAP 4-7
5 PLAT MAP 5-7
6 PHOTOS 6-7
7 PHOTOS 7-7
8 For additional information, please contact: Exclusive Agents CONTACT INFORMATION & DISCLAIMER LOU BONFIGLIO NOEL HARMER (703) (202) DISCLAIMER: The information contained in this document has been obtained from sources believed reliable. However, we have not verified the accuracy of this information and make no warranty or representation, express or implied, as to the accuracy of the information contained herein. It is submitted subject to the possibility of errors, omissions, change of price, change of rental or other conditions, prior sale, lease or financing or withdrawal without notice. The inclusions of projections, assumptions, opinions or estimates are for example only, and they may not represent current or future performance of the property. You and your legal and tax advisors should conduct your own due diligence and own investigation of the property and this transaction. 8-7
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