Freestanding Restaurant
For Sale
Contact for pricing
Pending
4060 Electric Rd, Roanoke, VA 24018
The site carries an absolute NNN lease and includes pole signage along Electric Road.
Property SizeContact for details
Days on Market142
Property Features for 4060 Electric Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Pylon Signage
Yes
Road Access
Yes
Listing Agency:
Marcus & Millichap - Richmond
Listed By:
Dawson Rinder · License #VA 0225215181
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:05AM
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 - Richmond
Investment Insights
Based on property information with market context.
This freestanding Hardee’s restaurant occupies more than 65,000 square feet of land at 4060 Electric Road. The property is leased on an absolute NNN basis to Boddie-Noel Enterprises, identified as Hardee’s largest and oldest franchisee, with approximately 340 locations.
Electric Road is Highway 419, a four-lane thoroughfare in southern Roanoke. KFC, Shell, and Sleep Inn are positioned across the street, while SunTrust Bank, Panera, Bank of America, Holiday Inn, and Exxon are nearby. Tanglewood Mall, with nearly 800,000 square feet of retail space, is a few blocks away on Electric Road. A pole sign serves the property along the corridor.
Electric Road is Highway 419, a four-lane thoroughfare in southern Roanoke. KFC, Shell, and Sleep Inn are positioned across the street, while SunTrust Bank, Panera, Bank of America, Holiday Inn, and Exxon are nearby. Tanglewood Mall, with nearly 800,000 square feet of retail space, is a few blocks away on Electric Road. A pole sign serves the property along the corridor.
Key Highlights
- Freestanding Hardee’s restaurant on more than 65,000 square feet of land
- Absolute NNN lease to Boddie‑Noel Enterprises
- Boddie‑Noel Enterprises operates approximately 340 locations
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24018, VA
39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
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?
Conventional restaurant - The site carries an absolute NNN lease and includes pole signage along Electric Road.
Where is this conventional restaurant located?
The property is located at 4060 Electric Rd Roanoke, VA.
What are key features of this property?
This property features: Freestanding Hardee’s restaurant on more than 65,000 square feet of land; Absolute NNN lease to Boddie‑Noel Enterprises; Boddie‑Noel Enterprises operates approximately 340 locations
