89 Elliot Dr
Lebanon, VA 24266
Retail Property For Sale

*Long Term Absolute NNN Lease w/ established Applebee's, IHOP, Burger King, Pizza Hut Operator - 150+ Locations *2006 Construction - Almost 10 Years Remaining On The Primary Term Of The NNN Lease *Apple Investors Group Has An Estimated $200+ Million In Annual Revenue And Employs Over 4,000 People *Outparcel To Wal Mart Super Center - Tenants Include Advanced Auto, CATO, KFC, Curves, Radio Shack and Dollar Tree *Regular Rent Increases Every 5 Years, and in (4) Five-Year Option Periods The investment offering features an Applebee's restaurant, which was built in 2006. This Applebee's is a pad to a Walmart Supercenter, which also features Dollar Tree, RadioShack, Curves, and CATO. Advance Auto Parts and KFC are the other two pads at this center. The subject property sits near the exit to US Highway 19, also known as The Trail of the Lonesome Pine, which runs northeast to the West Virginia border. A quarter mile down US 19 to the west is Food City, Burger King and Super 8 Motel. There are 10 Years Left On The Primary Term of the NNN Lease. LEBANON, VIRGINIA - Lebanon is located in the southwestern corner of Virginia, along Big Cedar Creek. It is the county seat of Russell County, which has an estimated population of 27,891 residents. Nearby attractions include the Pinnacle Natural Area Preserve and Jefferson National Forest. Lebanon is roughly 80 miles northwest of Winston-Salem, 100 miles north of Charlotte, 330 miles west of Richmond, 115, east of Lexington, and 180 miles southeast of Cincinatti.