Building Details

Year built 2003

Listing Agency: Cottonwood Commercial LLC Show Phone

Listed By: Chad Dunham · License #0225266331 Show Phone

Added: Jan 30, 2024 Changed: Aug 14 Last Checked: Aug 16 at 11:06AM

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MLS# 649085

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2003 quick-service restaurant property offers 4.17 acres with two drive-through lanes, central air, heat pump and propane heating, and private water. Furniture, furnishings, and most equipment are included with the lease. The B-1 Commercial zoning supports the property’s restaurant and commercial positioning.

Located at 10937 N Valley Pike in Broadway, Virginia, the property is immediately off Interstate 81 at Exit 257. A 60-foot high-rise sign is visible from I-81, which carries an AADT of 51,864. The restaurant adjoins Liberty Gas Station/Convenience Store and Travel Plaza, with oversized parking serving the adjoining commercial setting.

Key Highlights

• 4.17‑acre restaurant property with two drive‑through lanes
• 60' high‑rise sign visible from I‑81
• I‑81 exposure with AADT of 51,864

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

51,864 VPD

Traffic count

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

29k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

7-Eleven Shops & Services

22,089 visits/mo 0.1 miles

Dollar General Shops & Services

6,837 visits/mo 0.3 miles

Demographics for 22815, VA

9,083

Population

3,957

Households

2.3

Avg Household Size

41

Median Age

25%

College-Educated

85%

High-School Grad

70.9 sq mi

ZIP Area

128

Density / Sq Mi

$70,598

Median Household Income

$40,829

Median Earnings

$1,005

Median Rent

$249,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Former quick-service restaurant with two drive-through lanes, furnishings, equipment, and access to substantial shared parking.

Where is this drive through restaurant located?

The property is located at 10937 N VALLEY PIKE Broadway, VA.

What are key features of this property?

This property features: 4.17‑acre restaurant property with two drive‑through lanes; 60' high‑rise sign visible from I‑81; I‑81 exposure with AADT of 51,864