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Conventional Restaurant Property
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139 Lee Jackson Highway, Staunton, VA 24401

Restaurant property located in Staunton, Virginia.

Property Size5,009 SF
Price / SF$570.37
Days on Market124

Property Features for 139 Lee Jackson Highway

General Information

Standard status Active
Size 5,009 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $200,000

Additional Details

Cap Rate 7%

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Connor Knauer · License #413436
Source: Crexi
Added: Apr 30 Changed: Aug 31 Last Checked: Aug 31 at 4:52AM

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 Matthews

Investment Insights

Based on property information with market context.

This conventional restaurant property comprises 5,009 square feet and is offered for sale. The asset is located at 139 Lee Jackson Highway in Staunton, Virginia 24401 and carries a 7.00% cap rate.

Key Highlights

  • 5,009‑square‑foot conventional restaurant property
  • 7.00% cap rate
  • Located at 139 Lee Jackson Highway, Staunton, VA 24401

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Pharmacy HVAC 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

260
Businesses Nearby
227k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 28% Shops & Services 27% Apparel 26% Home Improvements & Furnishings 9%
T.J. Maxx Apparel
40,379 visits/mo 0.2 miles
McDonald's Dining
31,661 visits/mo 0.1 miles
Dollar Tree Shops & Services
22,149 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
18,826 visits/mo 0.1 miles
Exxon Shops & Services
18,664 visits/mo 0.0 miles

Demographics for 24401, VA

38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property located in Staunton, Virginia.
Where is this conventional restaurant located?
The property is located at 139 Lee Jackson Highway Staunton, VA.
What is the asking price?
The asking price for this property is $2,857,000.
What are key features of this property?
This property features: 5,009‑square‑foot conventional restaurant property; 7.00% cap rate; Located at 139 Lee Jackson Highway, Staunton, VA 24401
More about this property
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