120-475 Simons RunLynchburg, VA 24502

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

Restaurants

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.

Location Insight

City

Lynchburg

County

Lynchburg

State

Virginia

Latitude

37.3424

Longitude

-79.1909

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