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- LoopNet Team
1968 W Main St
Salem, VA 24153
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Fast Food | Parking Ratio | 8.83/1,000 SF |
| Gross Leasable Area | 1,472 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 1,472 SF |
| Year Built | 2022 |
| Parking Ratio | 8.83/1,000 SF |
ABOUT THE PROPERTY
This freestanding Second-Generation Restaurant Building (Former Sonic Drive-In) was built in 2023 and consists of a 1,472 SF building with a drive-through, a kitchen, and walk-in cooler. It is situated along Salme’s business retail corridor, with 23,000 AADT, in a prominent shopping area neighboring Walmart Supercenter and Fool Lion. The total daytime population is 63,695 within a 5-mile radius. Average household income is $91,272 within a 1-mile radius. It is just minutes away from I-81 (Exit 137), 2 miles from Downtown Salem, 5 Miles to Renowned LewisGale Medical Center, and only 10 miles from Roanoke-Blacksburg Regional Airport. The combined land of 2.25 acres has two parcels (#1: 1.28 acres and #2: 0.97 acres). The former Sonic building with a drive through is mostly located on parcel #2. Based on request, the owner is willing to subdivide the land and reposition the property line. The property is also for sale at $1,490,000.
- Wheelchair Accessible
- Air Conditioning
