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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,468 SF
  • Negotiable
  • $39.50 /SF/YR $3.29 /SF/MO $136,986 /YR $11,416 /MO
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Property address: 785 Martin Luther King Jr Way. Situated on one of the strongest traffic corners in the Harrisonburg market, at a signalized intersection near James Madison University. Currently operating as a Hardee’s, the 3,468-square-foot building will be available for a new user starting in December 2026, offering a ready -made drive-through setup. Neighboring James Madison University, this area continues to see new growth and vibrancy. Combined traffic counts are around 25,000 vehicles per day and continue to rise. The site features 49 parking stalls, three points of ingress/egress from the intersection, and B-2 zoning.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 3,468 SF Negotiable $39.50 /SF/YR $3.29 /SF/MO $136,986 /YR $11,416 /MO Triple Net (NNN)

1st Floor

Size
3,468 SF
Term
Negotiable
Rental Rate
$39.50 /SF/YR $3.29 /SF/MO $136,986 /YR $11,416 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Property address: 785 Martin Luther King Jr Way. Situated on one of the strongest traffic corners in the Harrisonburg market, at a signalized intersection near James Madison University. Currently operating as a Hardee’s, the 3,468-square-foot building will be available for a new user starting in December 2026, offering a ready -made drive-through setup. Neighboring James Madison University, this area continues to see new growth and vibrancy. Combined traffic counts are around 25,000 vehicles per day and continue to rise. The site features 49 parking stalls, three points of ingress/egress from the intersection, and B-2 zoning.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 3,468 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 3,468 SF
Year Built 1983
Parking Ratio 16.72/1,000 SF

About the Property

This site offers a turnkey drive-thru at one of Harrisonburg’s strongest corners. As a second-generation property with a ready-made drive-thru configuration, 49 parking stalls, and multiple access points, this site is uniquely equipped for immediate high capacity QSR usage along a 25,000 VPD commercial corridor. Proximity to James Madison University campus affords this site visibility to a reliable and renewing daytime customer base. » Ready Made Drive-Thru: A fully built second-generation drive-thru with established stacking, pickup window, and food-prep layout. New drive-thru approvals are increasingly difficult to secure; this site delivers the infrastructure on day one. » Signalized Hard Corner: Positioned at the signalized intersection of Reservoir Street and MLK Jr. Way with three points of ingress and egress, giving inbound and outbound access from both arterials. » 25,000 Vehicles Per Day: Combined daily traffic of 25,000 VPD across the two frontages (13,600 on Reservoir Street, 11,400 on MLK Jr. Way), with counts continuing to rise as the corridor develops. » Adjacent to James Madison University: Minutes from a 22,000-student campus and the broader Harrisonburg retail core, anchoring a dense, renewing daytime population at the doorstep.

  • Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Food Lion
Bambu
Starbucks
Texas Roadhouse
Tacos 4 Life
Olive Garden
Rent-A-Center
Chili's Grill & Bar
Waffle House
Cook Out
  • Listing ID: 39318027

  • Date on Market: 2/4/2026

  • Last Updated:

  • Address: 785 Martin Luther King Jr Way, Harrisonburg, VA 22801

Contact the Leasing Agent

Ready-Made Drive-Thru at a Signalized Corner | 785 Martin Luther King Jr Way

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