This Retail Property is no longer advertised on LoopNet.com.

1968 W Main St
Salem, VA 24153
Sonic - Ground Lease · Retail Property For Sale

Investment Highlights

  • Brand New 15 Year Corporate NNN Ground Lease to Sonic
  • Functional Site with Drive-Thru Component
  • Located along Salem’s Busiest Retail Corridor – 23,000 AADT
  • Sonic is the Largest Drive-In Restaurant Brand in the U.S. with Over 3,500 Locations in 45 States
  • Tenant Heavily Invested in the Improvements Providing Long Term Security
  • Average Household Income of $91,272 within 1-Mile Radius

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,472 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.25 AC
Zoning
HBD - Highway Business District
Parking
13 Spaces (8.83 Spaces per 1,000 SF Leased)
Frontage
1,650’ on Lee Highway

Amenities

  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
138-2-4
Land Assessment
$758,300
Improvements Assessment
$741,500
Total Assessment
$1,499,800
  • Listing ID: 25876907

  • Date on Market: 6/7/2022

  • Last Updated:

  • Address: 1968 W Main St, Salem, VA 24153

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