Corner Restaurant
For Lease
$14 SF/Yr
1324 Armory Dr, Franklin, VA 23851
Existing kitchen equipment and dining fixtures are available for separate negotiation.
Space SizeContact for details
Days on Market84
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Property Features for 1324 Armory Dr
General Information
Standard status
Active
Building Details
Year Built
1987
Listing Agency:
CENTURY 21 Gold Market Realty
Listed By:
Darren Stauffer · License #VA0225043776
(757) 562-2295
Source:
Horakrealtygroup
Added: Jul 24
Changed: Oct 3
Last Checked: Oct 7 at 3:35PM
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 CENTURY 21 Gold Market Realty
Investment Insights
Based on property information with market context.
Restaurant space totaling approximately 5,000+ square feet is available at 1324 Armory Dr. The 1987 building includes an existing kitchen and dining fixtures, with those items subject to separate negotiation. Approximately 2,000 square feet can be secured for banquet or private dining use.
The property occupies a signalized corner along a major city artery and a heavily traveled side thoroughfare. Nearby businesses include Food Lion, Lowe’s, KFC/Taco Bell, Belk, and Burger King, creating an established commercial setting for restaurant operations.
The property occupies a signalized corner along a major city artery and a heavily traveled side thoroughfare. Nearby businesses include Food Lion, Lowe’s, KFC/Taco Bell, Belk, and Burger King, creating an established commercial setting for restaurant operations.
Key Highlights
- Approximately 5,000+ sq. ft. of restaurant space
- Approximately 2,000 sq. ft. can be closed for banquet or private dining use
- Signalized corner fronting a major city artery and heavily used side thoroughfare
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
270k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Dining 25%
Superstores 18%
Home Improvements & Furnishings 14%
Walmart
Superstores
47,269 visits/mo
0.5 miles
Wawa
Shops & Services
26,631 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
21,028 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
20,005 visits/mo
0.2 miles
Dollar Tree
Shops & Services
13,354 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing kitchen equipment and dining fixtures are available for separate negotiation.
Where is this conventional restaurant located?
The property is located at 1324 Armory Dr Franklin, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Approximately 5,000+ sq. ft. of restaurant space; Approximately 2,000 sq. ft. can be closed for banquet or private dining use; Signalized corner fronting a major city artery and heavily used side thoroughfare
