120-475 Simons RunLynchburg, VA 24502

  • Retail properties
  • 202,605 SF
For Sale
$1,200,000 View listing

Property Details for 120-475 Simons Run

Lot size
3.21 AC
Property size (Sq ft)
202,605 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a vacant, pad-ready restaurant outparcel totaling 202,605 square feet on a 3.205-acre lot in Lynchburg, Virginia. The property, located at 120-475 Simons Run, boasts excellent visibility and frontage on Simons Run, directly across from Wards Crossings West and CarMax. Its strategic location within Lynchburg's thriving shopping district, situated on a major commercial corridor, ensures high traffic volume and significant exposure. The site is ideally positioned across from Liberty University, a major institution with over 100,000 students, and adjacent to the Tru by Hilton hotel. Furthermore, its proximity to a proposed 48-acre Centra Health Medical facility adds to its long-term growth potential. The property is zoned for restaurant use, with site plan approval already secured, allowing for immediate commencement of construction. This NNN-leased, 22-unit property is offered at $1,200,000 and presents a rare chance to establish a successful restaurant venture in a high-demand location. The property is currently vacant. This is a turnkey opportunity for a restaurant operator seeking a high-visibility location with immediate development potential.

120-475 Simons Run, Lynchburg, Virginia

Location Insight

City
Lynchburg
County
Lynchburg
State
Virginia
Latitude
37.3424
Longitude
-79.1909

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