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1121 Memorial Blvd S
Martinsville, VA 24112

$499,000 USD

Fast Food For Sale • 2,096 SF

Property Details

Property Type Fast Food
Total Building Size 2,096 SF
Lot Size 0.75 AC
Building Class C
Year Built 1985
Cap Rate 12.93 %
Tenancy Single
Zoning C-C

0 Transit Score

32 Walk Score

                
                    Highlights
                
                                Property is offered at an 12.93% CAP with 13 months remaining on NNN lease.  Potential lease buyout opportunity also.
                            
                                Excellent opportunity for a repositioning, redevelopment or a user/owner scenario.
                            
                                Average Daily Traffic of 8,000 Vehicles
                            
                                Some Furniture, Fixtures & Equipment may remain.

Financial Summary

Cap Rate:

12.93 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Biscuitville	2,096 SF	3/31/2026

Amenities

Pylon Sign
Restaurant
Signage
Tenant Controlled HVAC
Drive Thru
Storage Space
Air Conditioning

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	29
Type:	Surface
Included in Rent:	Yes

Will Vaughn 276-632-5325 J & R Management, Inc.

1121 Memorial Blvd S Martinsville, VA 24112