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172 W Old Cross Rd New Market, VA 22844

For Lease
$1.00 SF/Yr ($3,993 /Mo)

Building - NEW MARKET, VA

Lot size:
1.10 Acres
Days on Market:
177
Last Refresh:
Dec 5 at 9:06 am

Property Features for 172 W Old Cross Rd

General Information

Property type
Commercial Lease
Property subtype
Other
Standard status
Active
Zoning
B-1 Local Business
APN
103 A 067
Lot size
1.10 Acres

Utilities

Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air

Building Details

Year built
1992
Flooring type
Other
Building materials
Brick
Architectural style
Other

Cottonwood Commercial LLC (540) 434-9922

Listing agent Chad Dunham (540) 434-9922 License #0225266331

Listing date Jun 12, 2025

MLS# 649081 Listing URL

Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Opportunity with Drive-Thru Lanes

This retail property, formerly a Burger King, offers an opportunity for various retail or commercial uses. It features two drive-thru lanes and is situated on over 1 acre. A large, high-rise sign, approximately 90 feet tall, is visible from Interstate 81, which has an Average Annual Daily Traffic (AADT) count of 46,000. The use of furniture, furnishings, and most equipment is included with the lease. The property is conveniently located immediately off Interstate 81 at exit 264 in New Market, VA. The lease rate is 7.5% of gross sales per month for the first year, increasing to 8% of gross sales per month for years 2 and beyond, paid monthly. The property is zoned B-1 Local Business.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Market
County
Shenandoah
State
Virginia
Longitude
-78.6739077
Latitude
38.6487559

FAQs

What type of property is this?
Drive through restaurant - Versatile commercial space with high visibility and drive-thru.
Where is this drive through restaurant located?
The property is located at 172 W Old Cross Rd New Market, VA.
What is the lease rate?
The lease rate is $1.00 SF/Yr.
What are key features of this property?
This property features: - High-visibility location immediately off I-81 (Exit 264) with high traffic count (AADT 46,000).; - Two drive-thru lanes, ideal for QSR or similar businesses.; - Large high-rise sign (approx. 90' tall) visible from I-81.
More about this property
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