Harrisonburg Restaurant Investment Opportunity

101 Burgess Rd, Harrisonburg, VA

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For Sale

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Restaurant property with a new long-term lease and annual rent increases.

Type:RETAIL

Property size:

7,276 SF

Lot size:

3.11 Acres

Price / SF:

$445/SF

HighLights

Brand new 10‑year lease with 3 (5‑year) options to extend, showcasing tenant commitment.
Enjoy 2% annual rental increases throughout the initial term and option periods.
Benefit from steady growth of Net Operating Income (NOI).
Hedge against inflation due to rental increases.
Tenant is First Watch, a well‑known national brand.
First Watch operates over 570 locations throughout the United States.

We can help!

Listing Contact

Andrew Fallon

For Sale

Contact for pricing

Restaurant property with a new long-term lease and annual rent increases.

Type:RETAIL

Property size:

7,276 SF

Lot size:

3.11 Acres

Price / SF:

$445/SF

Added:: Apr 10, 2025
Days on Market:: 426
Last Refresh:: May 20 at 8:45 pm

Property Features for 101 Burgess Rd

General Information

Standard status: Active
Size: 7,276 SF
Lot size: 3.11 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Andrew Fallon

Listing agent Andrew Fallon License #CA 01732226

Listing office SRS Real Estate Partners | McLean

Listing date Apr 10, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean

HighLights

Brand new 10‑year lease with 3 (5‑year) options to extend, showcasing tenant commitment.
Enjoy 2% annual rental increases throughout the initial term and option periods.
Benefit from steady growth of Net Operating Income (NOI).
Hedge against inflation due to rental increases.
Tenant is First Watch, a well‑known national brand.
First Watch operates over 570 locations throughout the United States.

Overview

This property is occupied by a restaurant tenant who recently signed a new 10-year lease, with three 5-year options to extend. The lease includes 2% annual rental increases throughout the initial term and option periods. The tenant, First Watch, operates over 570 locations throughout the United States. The property contains 7,276 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Breakfast & diners

Suggested Use

Location Insight

Map
Local Demand

City: Harrisonburg
County: Harrisonburg
State: Virginia
Longitude: -78.8495
Latitude: 38.4341

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What type of property is this?

Breakfast & diner - Restaurant property with a new long-term lease and annual rent increases.

Where is this breakfast & diner located?

The property is located at 101 Burgess Rd Harrisonburg, VA.

What is the asking price?

The asking price for this property is $3,243,000.

What are key features of this property?

This property features: Brand new 10‑year lease with 3 (5‑year) options to extend, showcasing tenant commitment.; Enjoy 2% annual rental increases throughout the initial term and option periods.; Benefit from steady growth of Net Operating Income (NOI).

101 Burgess Rd, Harrisonburg, VA

Restaurant property with a new long-term lease and annual rent increases.

Property Features for 101 Burgess Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Commercial Flex Space

Professional Office Building on Route 33

Historic Building in Central Business District

Versatile Commercial Building in Harrisonburg

Medical Office Condo For Sale

Professional Office Building For Sale

Downtown Harrisonburg Two-Story Office Building

Harrisonburg Commercial Building on Market

Spacious Farmhouse with Creek Access

Fully Leased Triplex Investment

Rockingham Duplex with Renovated Unit

Rockingham Duplex: Renovated and Maintained

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