Storefront Property with
For Lease
Contact for pricing
1031 Armory Dr, Franklin, VA 23851
Freestanding retail building with surface parking, pylon signage, and access from two signalized roadways.
Space Size10,908 SF
Lot Size1.17 Acres
Days on Market91
Property Features for 1031 Armory Dr
General Information
Standard status
Active
Size
10,908 SF
Net Rentable
10,908 SF
Total Parking Spaces
55
Lot size
1.17 Acres
Property subtype
Retail
Zoning
B-3
Space & Availability
Available Space
10,908 SF
Contiguous Space
10,908 SF
Space Use
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Amenities
left-in access
Building Details
Building Size
10,908 SF
Year Built
2000
Tenancy
Single
Spaces For Lease
at 1031 Armory Dr Contact us- Size
- 10,908 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Former Rite Aid
Listing Agency:
Divaris Real Estate - Richmond
(757) 560-9064
Listed By:
Kris Fuller
(757) 560-9064
Source:
Divaris
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 2:06PM
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 Divaris Real Estate - Richmond
Investment Insights
Based on property information with market context.
This freestanding storefront property offers 10,908 square feet on a 1.17-acre parcel, with an existing drive-thru, surface parking for 55 spaces, and prominent pylon signage. Built in 2000, the building was formerly occupied by Rite Aid and is available for lease. Access is provided from both Armory Drive and S. College Drive, with left-in access via each roadway.
The property sits at the signalized intersection of Armory Drive and S. College Drive, recording 11,401 VPD and 8,755 VPD, respectively. It is one mile from I-58, which carries 20,075 VPD, and is directly across from Paul D. Camp Community College. B-3: General Business District zoning applies to the 1031 Armory Dr parcel in Franklin, Virginia.
The property sits at the signalized intersection of Armory Drive and S. College Drive, recording 11,401 VPD and 8,755 VPD, respectively. It is one mile from I-58, which carries 20,075 VPD, and is directly across from Paul D. Camp Community College. B-3: General Business District zoning applies to the 1031 Armory Dr parcel in Franklin, Virginia.
Key Highlights
- 10,908 SF freestanding storefront on a 1.17‑acre parcel
- Existing drive‑thru with surface parking for 55 spaces
- Signalized corner at Armory Drive and S. College Drive
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Home Improvements & Furnishings 32%
Dining 21%
Groceries 6%
Lowe's
Home Improvements & Furnishings
20,005 visits/mo
0.4 miles
KFC
Dining
10,118 visits/mo
0.5 miles
Ace Hardware - Farmers Produce Co
Home Improvements & Furnishings
6,761 visits/mo
0.2 miles
Dollar General
Shops & Services
5,890 visits/mo
0.2 miles
Virginia ABC
Groceries
5,407 visits/mo
0.2 miles
Demographics for 23851, VA
13,258
Population
6,063
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
108.7 sq mi
ZIP Area
122
Density / Sq Mi
$73,333
Median Household Income
$42,841
Median Earnings
$1,006
Median Rent
$222,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with surface parking, pylon signage, and access from two signalized roadways.
Where is this storefront property located?
The property is located at 1031 Armory Dr Franklin, VA.
What are key features of this property?
This property features: 10,908 SF freestanding storefront on a 1.17‑acre parcel; Existing drive‑thru with surface parking for 55 spaces; Signalized corner at Armory Drive and S. College Drive
