NNN Investment Property For Sale – Lynchburg, Virginia

Industrial Building For Sale – Lynchburg, Virginia
May 8, 2014

NNN Investment Property For Sale in Lynchburg, Virginia – Dickey’s Barbecue Pit.  New 15-year lease to commence at closing.  Building is a 3,056sf restaurant facility on 0.91ac site.  Located at 4017 Wards Road, this property is in an absolutely prime location near all major retail, big box, regional mall, regional airport, restaurants, all major hotels.  Located at the Intersection of U.S. 29 and U.S. 460 with traffic count of over 40,000 VPD.  Site has excellent visibility and access and is located beside Bob Evans, Golden Corral, Chick-Fil-A, Hilton Garden Inn, new Homewood Suites, , and is adjacent to Liberty University, the largest university in Virginia. With a 7,000+ acre campus and over 6.6 million square feet of building space, Liberty University is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. With a total enrollment that exceeds 110,000 students with undergraduate enrollment of nearly 50,000 students, Liberty University generates over $1 billion in economic activity in the Lynchburg, VA MSA, through its students, visitors and its associated enterprises.  Dickey’s Barbecue Pit was founded in 1941 in Dallas, Texas.  Franchising began in 1994 and today Dickey’s has nearly 600 locations in 45 states. In 2017, Dickey’s was named by Nation’s Restaurant News on “The Power List 2017: Customer Favorites” as one of the leading brands that has found cult consumer following over the years. Dickey’s is a fast-casual restaurant that serves beef brisket, pulled pork, pork ribs, polish sausage, spicy cheddar sausage, hot links and chicken with home-style sides including fried okra, jalapeño beans, green beans with bacon, waffle fries, barbecue beans, Caesar or garden salad, macaroni and cheese, corn on the cob, and onion tanglers. Franchisee has a strong revenue history with consistently increasing year-over-year sales and is typically within the top 5 out of 25 stores in the district for gross monthly sales.  Marketed exclusively by Gentry Commercial Real Estate, Inc. For more information visit http://www.loopnet.com/lid/20328674

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