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1396 Armory Dr
Franklin, VA 23851
Applebee’s · Retail Property For Sale
Investment Highlights
- Long Term 18 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong Store Sales - Healthy Rent-to-Sales Ratio
- Easy Access to Hwy 58 (Southampton Pkwy) - the East/West Corridor Into Emporia and Suffolk
- Strong Franchise Guarantee From Potomac Family Dining Group, With 69 Locations Across 3 States
- Located Along Armory Drive - the Main Retail Corridor of Franklin
- Population of 22,081 Residents Making an Average Household Income of $67,052 Within a 10-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,834 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.70 AC
Zoning
B3
Parking
82 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
182’ on Armory Dr
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 135-169-1A | Improvements Assessment | $1,015,900 |
| Land Assessment | $1,482,800 | Total Assessment | $2,498,700 |
Property Taxes
Parcel Number
135-169-1A
Land Assessment
$1,482,800
Improvements Assessment
$1,015,900
Total Assessment
$2,498,700
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