172 W OLD CROSS RD, New Market, VA 22844

Building Details

Year built

1992

Listing agent Chad Dunham License #0225266331 Show Phone

Listing office Cottonwood Commercial LLC 1960 Evelyn Byrd Ave, Harrisonburg, VA Show Phone

Listing date Jan 30, 2024

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MLS# 649081

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.

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Overview

This property is a drive-through QSR-style restaurant site with two drive-thru lanes. It was formerly a Burger King, and the offering includes the use of furniture, furnishings, and most equipment with the lease, supporting a smoother operational start. A large high-rise sign, approximately 90 feet tall, is part of the site’s identity.

The property is located in New Market, Virginia on over one acre, positioned immediately off Interstate 81 exit 264. The sign is described as visible from I-81, with AADT noted at 46,000.

The B-1 Local Business zoning supports a range of retail or commercial uses, with the drive-through configuration especially relevant for quick-service restaurant concepts and other service-oriented businesses that benefit from controlled off-street ordering and pickup. Lease terms are structured as a percentage of gross sales per month, with 7.5% in the first year and 8% for years two and beyond, paid monthly. For operators looking for an interstate-adjacent, drive-through-ready location with meaningful signage visibility, this site is a practical option to evaluate.

Suggested Use

Real Estate Agency Skin Care Clinic Storage Facility Accounting Firm Bar & Pub Garden Center Daycare Center Barber Shop Travel Agency Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New Market

County

Shenandoah

State

Virginia

Longitude

-78.6739077

Latitude

38.6487559

FAQs

What type of property is this?

Drive through restaurant - B-1 zoned restaurant site with two drive-thru lanes and a tall interstate-visible sign.

Where is this drive through restaurant located?

The property is located at 172 W OLD CROSS RD New Market, VA.

What is the lease rate?

The lease rate is $1.00 SF/Yr.

What are key features of this property?

This property features: Former Burger King QSR with two drive‑thru lanes; On over 1 acre, conveniently located immediately off Interstate 81 exit 264; Large high‑rise sign approx. 90' tall visible from I‑81 (AADT 46,000)