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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
Restaurant
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 FT on Armory Dr

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
135-169-1A
Land Assessment
$1,482,800
Improvements Assessment
$1,015,900
Total Assessment
$2,498,700
  • Listing ID: 20909097

  • Date on Market: 9/10/2020

  • Last Updated:

  • Address: 1396 Armory Dr, Franklin, VA 23851

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