540-820-7008
1968 W Main St, Salem, VA for Rent

$73.37 USD /SF/yr

Retail - For Rent
1/38
1,472 SF | 1 Space

1968 W Main St
Salem, VA 24153


OVERVIEW

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.

RENTAL DETAILS

SPACE AVAILABLE

1,472 SF

# OF SPACES

1

RENT/MONTH

$9,000 USD /mo

RENT RATE (MO)

$6.11 USD /SF/mo

RENT RATE (YR)

$73.37 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

1,472 SF

YEAR BUILT

2022

PARKING SPACES

13

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

HBD

ASK ABOUT THIS PROPERTY

Keith MayCottonwood CommercialMore Info
540-820-7008

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Keith MayCottonwood CommercialMore Info
540-820-7008

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