Net Leased Captain D's
215 E Commonwealth Dr. Wytheville, VA 24382
For Sale
Contact for pricing
Pending
Single-tenant Captain D’s restaurant offered with an absolute net long-term lease structure requiring zero landlord responsibilities.
Days on Market105
Property Features for 215 E Commonwealth Dr.
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Miami
Listed By:
Roee Ben-Moshe · License #BK3248800
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 8:57AM
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 Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer a Captain D’s restaurant property paired with an absolute net long-term lease with zero landlord responsibilities. The offering is structured as an NNN investment.
The restaurant serves a wide variety of fish and seafood, including freshly prepared entrees and the company’s signature hand-battered fish fillets, prepared to order. Captain D’s is headquartered in Nashville, Tennessee, and operates over 513 restaurants in 25 states, plus military bases around the world.
The base NOI is stated at $110,000, not including bonus rent. The NOI includes a variable component based on sales volumes, with monthly sales reporting used in connection with the variable component.
The restaurant serves a wide variety of fish and seafood, including freshly prepared entrees and the company’s signature hand-battered fish fillets, prepared to order. Captain D’s is headquartered in Nashville, Tennessee, and operates over 513 restaurants in 25 states, plus military bases around the world.
The base NOI is stated at $110,000, not including bonus rent. The NOI includes a variable component based on sales volumes, with monthly sales reporting used in connection with the variable component.
Key Highlights
- Single‑tenant Captain D’s restaurant with an absolute net long‑term lease structure requiring zero landlord responsibilities
- BASE NOI (not including bonus rent) of $110,000
- NOI includes a variable component based on sales volumes, with monthly sales reporting
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Single-tenant Captain D’s restaurant offered with an absolute net long-term lease structure requiring zero landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 215 E Commonwealth Dr. Wytheville, VA.
What are key features of this property?
This property features: Single‑tenant Captain D’s restaurant with an absolute net long‑term lease structure requiring zero landlord responsibilities; BASE NOI (not including bonus rent) of $110,000; NOI includes a variable component based on sales volumes, with monthly sales reporting
