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Restaurant with Drive-Thru For Sale
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21 Highland Dr, Lebanon, VA 24266

2,626 SF restaurant with drive-thru on 1.23 AC.

Property SizeContact for details
Days on Market269

Property Features for 21 Highland Dr

General Information

Standard status Active
Property subtype Single Tenant or Freestanding Building
Listing Agency:
Listed By: Jeff Nimmer, CCIM
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 19 Last Checked: Aug 21 at 4:36AM

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 Jeff Nimmer, CCIM

Investment Insights

Based on property information with market context.

This is a 2,626-square-foot free-standing former quick-service restaurant with a drive-thru. The property is 1.23 acres and located on a primary retail corridor in Lebanon, Virginia. The location benefits from traffic counts of 10,000 AADT. Retailers in the area include Wal-Mart, Food City, Taco Bell, Hardee's, Long John Silvers, and McDonalds. The property is available in March 2026 and is suitable for sale or lease.

Key Highlights

  • Existing drive‑thru for added convenience.
  • Free‑standing 2,626 SF building.
  • Located on primary retail corridor, offering excellent exposure.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 24266, VA

8,705
Population
4,188
Households
2.1
Avg Household Size
46
Median Age
18%
College-Educated
89%
High-School Grad
125.9 sq mi
ZIP Area
69
Density / Sq Mi
$54,806
Median Household Income
$37,035
Median Earnings
$643
Median Rent
$131,800
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - 2,626 SF restaurant with drive-thru on 1.23 AC.
Where is this drive through restaurant located?
The property is located at 21 Highland Dr Lebanon, VA.
What are key features of this property?
This property features: Existing drive‑thru for added convenience.; Free‑standing 2,626 SF building.; Located on primary retail corridor, offering excellent exposure.
More about this property
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