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Freestanding QSR Restaurant with Drive-Through
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21 Highland Dr, Lebanon, VA 24266

Free standing former QSR with drive-thru in place on a primary Lebanon retail corridor.

Property Size2,626 SF
Price / SF$323.69
Days on Market65

Property Features for 21 Highland Dr

General Information

Standard status Active
Size 2,626 SF
Property subtype RETAIL

Site & Location

Drive-Thru Yes
Traffic Count 10,000 vehicles/day
Listing Agency: The Shopping Center Group | Raleigh
Listed By: Jeff Nimmer, CCIM
Source: Moodyscre
Added: May 28 Changed: Jul 30 Last Checked: Jul 31 at 11:51AM

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 The Shopping Center Group | Raleigh

Investment Insights

Based on property information with market context.

This 2,626 SF freestanding former QSR is set up with a drive-through in place. The property can support continued quick-service restaurant use with the existing drive-thru configuration already in place.

The site is located on a primary retail corridor in Lebanon, VA, with 10,000 AADT traffic counts. Nearby retailers include Wal-Mart, Food City, Taco Bell, Hardee's, Long John Silvers, and McDonalds, supporting a strong retail mix around the property.

The transaction is scheduled to close in March of 2026, with the property offered for sale or lease.

Key Highlights

  • 2,626 SF freestanding former QSR
  • Drive‑thru in place
  • 10,000 AADT traffic counts

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Pet Grooming 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.

Lease Details

10,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 24266, VA

8,705
Population
4,188
Households
2.1
Avg Household Size
46
Median Age
18%
College-Educated
89%
High-School Grad
125.9 sq mi
ZIP Area
69
Density / Sq Mi
$54,806
Median Household Income
$37,035
Median Earnings
$643
Median Rent
$131,800
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?
Drive through restaurant - Free standing former QSR with drive-thru in place on a primary Lebanon retail corridor.
Where is this drive through restaurant located?
The property is located at 21 Highland Dr Lebanon, VA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,626 SF freestanding former QSR; Drive‑thru in place; 10,000 AADT traffic counts
(919) 380-8041 Call to check price and availability
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