For Sale
$1,000,000

916 Virginia AveClarksville, VA 23927

Virginia Fast Food Franchise, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • Fee-simple ownership of a thriving Hardee's/Carl's Jr. restaurant in Clarksville, Virginia.
  • Absolute NNN lease with a strong franchisee tenant, with approximately 2.4 years remaining and three 5-year renewal options; includes percentage rent.
  • 7.78% cap rate and a strong NOI of $77,847.
  • 3,820 square foot building on a 0.89-acre lot at a signalized intersection with excellent visibility from US Routes 58 and 15.
  • Located at the entrance to Clarksville Crossing Shopping Center, near other national tenants including Dollar General, Food Lion, and McDonald's.
  • Building renovated in 2015.

Property Details for 916 Virginia Ave

Property type
Retail properties
Square Feet
3,820 SF
Buildings
1
Lot Size (sq. ft)
38,768 SF
Units
1

Location Insight

City
Clarksville
County
Mecklenburg
State
Virginia
Latitude
36.62112285
Longitude
-78.56577018
916 Virginia Ave, Clarksville, Virginia
Leaflet | © OpenStreetMap contributors

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916 Virginia Ave
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