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Franklin, VA NNN Properties for Sale

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Freestanding Retail Drug Store
Updated: Apr 11
Freestanding Retail Drug Store

1031 Armory Dr, Franklin, VA 23851

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10,908 sqft 1.27 AC lot
Absolute triple‑net (NNN) single‑tenant Rite Aid leased asset in Franklin, VA
5 years remaining on the lease base term with expiration on June 7, 2025, plus four five‑year options with annual rental increases
Single‑story 10,908 SF free‑standing Rite Aid building on a 1.27‑acre lot
Three‑lane drive‑thru and 54 parking spaces
Highly visible location on the hard corner of Armory Drive and College Drive, across from Paul D. Camp Community College (1,500 enrollment)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolute NNN Retail Store
Absolute NNN Retail Store

2665 Hull St, Richmond, VA 23224

$1,765,000
8,320 sqft

Absolute NNN retail storefront leased to Family Dollar at 2665 Hull St in Richmond, VA.

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Chick-fil-A NNN Investment Opportunity
Chick-fil-A NNN Investment Opportunity

5409 Indian River Rd, Virginia Beach, VA 23464

$2,652,000
4,817 sqft

NNN leased Chick-fil-A for sale in Virginia Beach.

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Triple-Net Walgreens Investment
Triple-Net Walgreens Investment

5305 Indian River Road, Virginia Beach, VA 23464

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14,820 sqft 2.01 AC lot

Walgreens building on a 2.01-acre parcel, constructed in 2005, offered with a 25-year NNN lease.

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Retail Strip Center at Signal
Retail Strip Center at Signal

3921 - 3933 Hull Street, Richmond, VA 23224

Contact for pricing
28,804 sqft

Retail strip center with multiple suites and rentable land space at a signalized intersection.

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Franklin, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Franklin, VA on our real estate platform. These investment opportunities span a total of 10,908 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for triple net lease properties in Franklin, VA start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) +1.7%
Median Household Income $73,333
College Educated 34.9%

Taxes & Financing

Average Loan-to-Value 65.0%

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