1935 NEELEY RD, Big Stone Gap, VA 24219

Building Details

Tenancy Single More

Listing Agency: Real Capital Investments

Listed By: Randy Bell · License #TX 632534 Show Phone

Source: Crexi

Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 6:02PM

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Investment Insights

Based on property information with market context.

This NNN property is leased to McDonald's under a corporate ground lease with a 14-year term. It is located at 1935 Neeley Road in Big Stone Gap, Virginia.

Key Highlights

• 14‑year corporate ground lease with McDonald's
• Located at 1935 Neeley Road in Big Stone Gap, VA

Property Analytics

Current Use

Colorama Rental Center Interior Design McDonald's Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Bakery Nail Salon Veterinary Clinic Home Appliance Store

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

116

Businesses Nearby

46k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 58% Shops & Services 39% Hotels & Casinos 3%

McDonald's Dining

15,632 visits/mo 0.2 miles

Taco Bell Dining

8,485 visits/mo 0.4 miles

BP Shops & Services

7,338 visits/mo 0.4 miles

Dollar Tree Shops & Services

7,174 visits/mo 0.1 miles

Marathon Petroleum Shops & Services

3,582 visits/mo 0.3 miles

Demographics for 24219, VA

10,429

Population

4,473

Households

2.3

Avg Household Size

42

Median Age

16%

College-Educated

85%

High-School Grad

72.8 sq mi

ZIP Area

143

Density / Sq Mi

$52,303

Median Household Income

$31,661

Median Earnings

$808

Median Rent

$161,300

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?

NNN property - The property is subject to a 14-year corporate lease.

Where is this nnn property located?

The property is located at 1935 NEELEY RD Big Stone Gap, VA.

What is the asking price?

The asking price for this property is $904,235.

What are key features of this property?

This property features: 14‑year corporate ground lease with McDonald's; Located at 1935 Neeley Road in Big Stone Gap, VA