107 Front StRichlands, VA 24641

Property Details for 107 Front St

Lot size

0.40 AC

Property size (Sq ft)

3,538 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Richlands

County

Tazewell

State

Virginia

Latitude

37.0928

Longitude

-81.7821

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