Freestanding Restaurant with Long-Term
2790 Market Street NE Christiansburg, VA 24073
2790 Market Street NE, Christiansburg, VA, 24073
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For Sale
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Pending
Freestanding Applebee’s building offered for sale with 11+ years remaining on the current lease.
Days on Market105
Property Features for 2790 Market Street NE
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed by
Gabriel Britti · License #FL SL3211804
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 9:23AM Checked: Jul 22 at 9:23AM
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 - Issenberg Britti Group
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present a freestanding Applebee’s restaurant with approximately 4,524 square feet. The current lease includes over 11 years remaining on the base term, with 10 percent increases scheduled every five years. The next rent increase is noted for June 2018.
The property is located across the street from New River Valley Mall, a 500,000+ square foot regional mall anchored by Belk, JCPenney, Dick’s Sporting Goods, and Kohl’s.
This is a conventional restaurant asset built for a dedicated, freestanding operation within a retail-centered environment.
The property is located across the street from New River Valley Mall, a 500,000+ square foot regional mall anchored by Belk, JCPenney, Dick’s Sporting Goods, and Kohl’s.
This is a conventional restaurant asset built for a dedicated, freestanding operation within a retail-centered environment.
Key Highlights
- ±4,524 SF freestanding Applebee’s building in Christiansburg, VA
- Lease has 11+ years remaining on the base term
- Rent increases are 10% every five years
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding Applebee’s building offered for sale with 11+ years remaining on the current lease.
Where is this conventional restaurant located?
The property is located at 2790 Market Street NE Christiansburg, VA.
What are key features of this property?
This property features: ±4,524 SF freestanding Applebee’s building in Christiansburg, VA; Lease has 11+ years remaining on the base term; Rent increases are 10% every five years
