Quick Service Restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29964489
Property Subtypes: Restaurant
Status: Pending
Building Size (RSF): 3,022 SF
Gross Land Area: 0.97 Acres
Sale Price: $699,000
Unit Price: $231.30 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2019

Overview / Comments

Very well positioned quick service restaurant building with drive thru. Excellent road frontage on Rt 29 (Seminole Trail) at crossover. Over $100,000 worth of restaurant equipment including two walk in coolers will convey. Priced $100,000 below assessment. Excellent turn key condition. This was previously an Arby's, but was located only a few miles north of owner's other franchise, so needed to close one. Perfect for another quick service franchise.

• Quick service restaurant building with drive thru
• Excellent visibility and high traffic counts
• Over $100,000 worth of restaurant equipment to convey
• Priced well below assessment

Attachments & Media

Additional Details

Nearest MSA: Charlottesville
County: Greene
Tax ID/APN: 60C-A-52
Road Type: Highway
Largest Nearby Street: Seminole Trail (Rt 29)
Area Description: Well positioned quick service restaurant building located directly on Rt 29 (Seminole Trail), the north-south highway to Washington DC. Just north of Charlottesville. 28,000 daily traffic count. Located on 4 lane highway at crossover. High density.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,257 20,505
Median Age: 37.18 40.26
Households: 3,286 7,514
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