Net Leased Captain D's
For Sale
Contact for pricing
Pending
215 E Commonwealth Dr., Wytheville, VA 24382
Single-tenant Captain D’s restaurant offered with an absolute net long-term lease structure requiring zero landlord responsibilities.
Property SizeContact for details
Days on Market118
Property Features for 215 E Commonwealth Dr.
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Miami
Listed By:
Roee Ben-Moshe · License #BK3248800
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Aug 5 at 11:30AM
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 Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer a Captain D’s restaurant property paired with an absolute net long-term lease with zero landlord responsibilities. The offering is structured as an NNN investment.
The restaurant serves a wide variety of fish and seafood, including freshly prepared entrees and the company’s signature hand-battered fish fillets, prepared to order. Captain D’s is headquartered in Nashville, Tennessee, and operates over 513 restaurants in 25 states, plus military bases around the world.
The base NOI is stated at $110,000, not including bonus rent. The NOI includes a variable component based on sales volumes, with monthly sales reporting used in connection with the variable component.
The restaurant serves a wide variety of fish and seafood, including freshly prepared entrees and the company’s signature hand-battered fish fillets, prepared to order. Captain D’s is headquartered in Nashville, Tennessee, and operates over 513 restaurants in 25 states, plus military bases around the world.
The base NOI is stated at $110,000, not including bonus rent. The NOI includes a variable component based on sales volumes, with monthly sales reporting used in connection with the variable component.
Key Highlights
- Single‑tenant Captain D’s restaurant with an absolute net long‑term lease structure requiring zero landlord responsibilities
- BASE NOI (not including bonus rent) of $110,000
- NOI includes a variable component based on sales volumes, with monthly sales reporting
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24382, VA
14,109
Population
7,682
Households
1.8
Avg Household Size
46
Median Age
23%
College-Educated
88%
High-School Grad
189.9 sq mi
ZIP Area
74
Density / Sq Mi
$52,234
Median Household Income
$38,208
Median Earnings
$706
Median Rent
$167,300
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?
Conventional restaurant - Single-tenant Captain D’s restaurant offered with an absolute net long-term lease structure requiring zero landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 215 E Commonwealth Dr. Wytheville, VA.
What are key features of this property?
This property features: Single‑tenant Captain D’s restaurant with an absolute net long‑term lease structure requiring zero landlord responsibilities; BASE NOI (not including bonus rent) of $110,000; NOI includes a variable component based on sales volumes, with monthly sales reporting
