Arby's Drive-Through
For Sale
Contact for pricing
Pending
2665 Lee Hwy, Bristol, VA 24201
The property is structured with an absolute NNN lease and extended renewal options.
Property Size3,459 SF
Lot Size1.38 Acres
Days on Market143
Property Features for 2665 Lee Hwy
General Information
Standard status
Pending
Size
3,459 SF
Lot size
1.38 Acres
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
CBRE - Orlando
(631) 903-7137
Listed By:
Andrew Jaworski · License #Sl3405473
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:56PM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
The Arby’s property includes a 3,459-square-foot drive-through restaurant on 1.38 acres. The offering is structured as a sale-leaseback with A.E.S Restaurant Group under a 20-year absolute NNN lease, followed by four five-year renewal options. Contractual rent escalations are set at 10% annually through the initial term and renewal periods, creating a 40-year total term if all options are exercised.
Located at 2665 Lee Highway in Bristol, Virginia, the property sits directly off the Interstate 81 interchange within a retail corridor that includes Price Less Foods, Harbor Freight, and a Harley Davidson dealership. Mendota Hiking Trail, Sugar Hollow Park, and the Virginian Golf Club are also identified in the surrounding area.
Located at 2665 Lee Highway in Bristol, Virginia, the property sits directly off the Interstate 81 interchange within a retail corridor that includes Price Less Foods, Harbor Freight, and a Harley Davidson dealership. Mendota Hiking Trail, Sugar Hollow Park, and the Virginian Golf Club are also identified in the surrounding area.
Key Highlights
- 3,459‑square‑foot drive‑through restaurant on 1.38 acres
- 20‑year absolute NNN sale‑leaseback with A.E.S Restaurant Group
- 10% annual rent escalations during the base term and renewal periods
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
236k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 25%
Shops & Services 20%
Home Improvements & Furnishings 13%
Hobby Lobby
Shops & Services
41,270 visits/mo
0.2 miles
Texas Roadhouse
Dining
39,586 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
30,755 visits/mo
0.5 miles
Food City
Groceries
27,710 visits/mo
0.5 miles
Pal's Sudden Service
Dining
26,366 visits/mo
0.4 miles
Demographics for 24201, VA
16,267
Population
8,138
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
10.1 sq mi
ZIP Area
1,611
Density / Sq Mi
$43,591
Median Household Income
$38,820
Median Earnings
$763
Median Rent
$160,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - The property is structured with an absolute NNN lease and extended renewal options.
Where is this drive through restaurant located?
The property is located at 2665 Lee Hwy Bristol, VA.
What are key features of this property?
This property features: 3,459‑square‑foot drive‑through restaurant on 1.38 acres; 20‑year absolute NNN sale‑leaseback with A.E.S Restaurant Group; 10% annual rent escalations during the base term and renewal periods
