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1401 JAMISON AVE SE Roanoke VA 24013-2039

[Locked] • APN 4220235

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Details
Property Type Industrial
Sub Type Flex
Building SqFt 2,820
Lot SqFt 28,769
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code CN
Year Built 1970
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Lease Expiration ******
Sold Price per Acre ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description
  • True Absolute NNN Lease - Zero Landlord Responsibilities
  • Corporate Guaranteed Lease
  • Lease Term Through January 31, 2038
  • Strong Bidirectional Traffic Counts of Approximately 60,000 VPD
  • 10% Rent Increases Every 5 Years
  • Annual NOI: $129,470
  • 5.75% Cap Rate
  • Prime Location Near Downtown Roanoke, Virginia
  • Renovated in 2015
  • Passive, Long-Term Net Lease Investment Opportunity

Malchus Real Estate is pleased to present this Absolute NNN leased Arby's restaurant located in Roanoke, Virginia, offering investors durable cash flow, contractual rent growth, and a passive ownership structure. The property is leased through January 31, 2038, providing long-term income stability with 10% rent increases every five years.

Situated along a high-visibility corridor with approximately 60,000 bidirectional vehicles per day, the site benefits from strong consumer traffic and convenient access to Downtown Roanoke, major employers, healthcare facilities, and surrounding residential neighborhoods. The property consists of a 2,820-square-foot restaurant situated on 0.66 acres, originally built in 1990 and renovated in 2015.

The investment generates $129,470 in annual net operating income and is offered at $2,251,652, representing a 5.75% cap rate. With zero landlord responsibilities, scheduled rental increases, and a nationally recognized quick-service restaurant tenant, this offering presents an attractive opportunity for investors seeking stable income and long-term value appreciation.

Investment Highlights

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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RM-1 ResidentialSingle FamilyResidential Mixed Density
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View all 36 uses
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
JC
Joel Cukier PRO
•••.•••.6547
joel@•••••••••••••••••.com
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