107 Front StRichlands, VA 24641

For Sale
Call for price

Established Pizza Hut, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,538 square foot restaurant building situated on a 0.4-acre lot in Richlands, Virginia. Currently operating as a Pizza Hut under a long-term lease with Flynn Restaurant Group, the nation's largest Pizza Hut franchisee, this property boasts a prime location adjacent to Route 460, experiencing a high daily traffic volume of 26,000 vehicles. The ample parking provides 10 spaces per 1,000 square feet, ensuring convenient access for customers. This established business benefits from its proximity to other major retailers, including Food Lion, Big Lots, Dollar General, Roses, and CVS, creating a strong retail synergy and high visibility. The property's financial details, including Net Operating Income (NOI), are available upon request. This is a rare chance to acquire a well-established, income-producing asset in a thriving retail corridor. The tenant, Flynn Restaurant Group, is a significant player in the industry, with substantial annual sales and a large portfolio of locations. This property offers a stable investment with strong potential for long-term growth and return.

Highlights

  • Exceptional investment opportunity in Richlands, VA.
  • 3,538 SF restaurant building on a 0.4-acre lot, currently leased to Flynn Restaurant Group (Pizza Hut).
  • Prime location on Route 460, high traffic count (26,000 vehicles daily).
  • Ample parking: 10 spaces per 1,000 SF.
  • Strong retail synergy with nearby Food Lion, Big Lots, Dollar General, Roses, and CVS.
  • Financial details (NOI) available upon request.

Property Details for 107 Front St

Property type
Other retail properties, Restaurants
Square Feet
3,538 SF
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Richlands
County
Tazewell
State
Virginia
Latitude
37.0927802
Longitude
-81.7820771
107 Front St, Richlands, Virginia

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107 Front St
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