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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

107 Front St Richlands, VA 24641

3,538 SF 0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,538 square foot restaurant building situated on a 0.4-acre lot in Richlands, Virginia. Currently operating as a Pizza Hut under a long-term lease with Flynn Restaurant Group, the nation's largest Pizza Hut franchisee, this property boasts a prime location adjacent to Route 460, experiencing a high daily traffic volume of 26,000 vehicles. The ample parking provides 10 spaces per 1,000 square feet, ensuring convenient access for customers. This established business benefits from its proximity to other major retailers, including Food Lion, Big Lots, Dollar General, Roses, and CVS, creating a strong retail synergy and high visibility. The property's financial details, including Net Operating Income (NOI), are available upon request. This is a rare chance to acquire a well-established, income-producing asset in a thriving retail corridor. The tenant, Flynn Restaurant Group, is a significant player in the industry, with substantial annual sales and a large portfolio of locations. This property offers a stable investment with strong potential for long-term growth and return.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,538 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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