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: Sep 30 Last Checked: Oct 2 at 3:06AM

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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 drive-through restaurant building offers a ready-made quick-service configuration with two drive-through lanes. The premises previously operated as a Burger King, and the lease includes furniture, furnishings, and most equipment. Heating is provided by a heat pump and propane, with central air conditioning.

The property occupies 4.17 acres immediately off Interstate 81 at Exit 257 and adjoins a Liberty gas station, convenience store, and travel plaza with oversized parking. A high-rise sign approximately 60 feet tall is visible from I-81, which carries an AADT of 51,864. The site is zoned B-1 Commercial and has a private water source.

Key Highlights

• 4.17‑acre restaurant property immediately off Interstate 81 Exit 257
• Two drive‑through lanes support quick‑service restaurant operations
• High‑rise sign approximately 60' tall visible from I‑81

Property Analytics

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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

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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What type of property is this? Where is this drive through restaurants located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Former quick-service restaurant with dual drive-through lanes, included furnishings, and restaurant equipment.

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 immediately off Interstate 81 Exit 257; Two drive‑through lanes support quick‑service restaurant operations; High‑rise sign approximately 60' tall visible from I‑81