7900 Gateway Promenade Place
Gainesville, VA
Price:
$5,457,000
Cap Rate:
5.00%
NOI:
$272,870
Building Size:
Approx. 3,086 Sq. Ft.
Lot Size:
Approx. 0.11 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2025
Investment Overview
- 2025 Construction. 3,086+/- SF Building on 0.11+/- Acre Site
- Brand New 15-Year Corporate Ground Lease w/ 10% Rental Increases Every 5 Years
- Located on Gateway Promenade Pl, Near Linton Hall Rd (38,800+ VPD) and Wellington Rd (18,200+ VPD), Close to Highway 29 (52,100+ VPD)
- Strong Demographics: 112,520+ Residents Within 5 Miles, $177,262 Avg. Household Income
- Dense Retail Corridor Near Target, Walgreens, Chick-fil-A, Panera Bread, CAVA, & More
- Shake Shack Has Been One of the Fastest-Growing Food Chains in the US with over 552 Locations Globally
- Gainesville | 30 Miles from D.C., Offering a Small-Town Vibe Near Major Metro Areas | Population: 16,754+