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Flagstop Car Wash

2115 North Franklin Street, Christiansburg, VA 24073

For Sale
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A 20-year NNN lease includes scheduled annual rent escalations.

Property Size4,281 SF
Lot Size1.21 Acres
Price / SF$1,347
Days on Market22

Property Features for 2115 North Franklin Street

General Information

Standard status Active
Size 4,281 SF
Lot size 1.21 Acres
Property subtype Retail, Special Purpose

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Flagstop Car Wash
Real Estate Included Yes

Additional Details

Automotive Uses car wash

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 3:08PM

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 SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

Flagstop Car Wash occupies a 4,281-square-foot building on an approximately 1.21-acre parcel at 2115 North Franklin Street in Christiansburg, Virginia. The property is subject to a 20-year NNN lease that began July 17, 2026, with rent scheduled to increase 2.00% annually.

Key Highlights

  • 4,281 square feet of building space
  • Approximately 1.21‑acre parcel
  • 20‑year NNN lease commenced 7/17/2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Car washes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Garden Center

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

513
Businesses Nearby
874k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Dining 25% Shops & Services 18% Apparel 13%
Walmart Superstores
118,464 visits/mo 0.4 miles
Target Superstores
105,082 visits/mo 0.3 miles
T.J. Maxx Apparel
50,277 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
45,718 visits/mo 0.5 miles
Hobby Lobby Shops & Services
43,969 visits/mo 0.2 miles

Demographics for 24073, VA

32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Car wash - A 20-year NNN lease includes scheduled annual rent escalations.
Where is this car wash located?
The property is located at 2115 North Franklin Street Christiansburg, VA.
What is the asking price?
The asking price for this property is $5,769,231.
What are key features of this property?
This property features: 4,281 square feet of building space; Approximately 1.21‑acre parcel; 20‑year NNN lease commenced 7/17/2026
(332) 345-4222 Call to check price and availability
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