37 views
Restaurant
309 Fieldstone Ln, Blacksburg, VA 24060
Available Now
$4,000,000
37 views
1 / 1
FOR SALERetail / Restaurant
Cap Rate
3%
NOI
$11,200
Building Size
4,000SF
Lot Size
3AC
Year Built
2015
Zoning
MX-T
Listing Contacts
AI Property Insights
Distilled from listing data, documents and public records · 30-second read
Single-tenant restaurant property at 309 Fieldstone Ln in Blacksburg, Virginia, offered at $4,000,000 at a 3.00% cap. The listing reports $11,200 NOI and is classed as a stabilized investment in a traditional sale.
The Class B building was built in 2015 and totals 4,000 SF across four stories on a single structure. It sits on a 3-acre lot (about 130,680 SF) zoned MX-T. Paved parking is provided at a 6:1 ratio. Occupancy is listed at 66%.
Why it works
- $4,000,000 asking price at a 3.00% cap rate
- Single-tenant restaurant, Class B, built 2015
- 4,000 SF four-story building on 3 acres
- MX-T zoning
- Paved parking at a 6:1 ratio
AI-generated. Verify figures, lease terms & zoning before relying on them.
More property details
Parking Info
Paved parking with 6:1 parking ratio
Earnest Money Deposit
7%
Occupancy
66%
Tenancy
Single Tenant
Currently Leased
No
Investment
Stabilized
Investment Detail
Located at the heart of the city
Sale Type
Traditional Sale
Requested Closing Period
60 days
Due Diligence Period
60 days
Broker Co-op
Yes
Brand
Arbys
Net Rentable
5,882SF
Building FAR
0.34
Property Class
B
No of Buildings
1
No of Stories
4
Ownership
Upstox
Location & transit
Restaurant
Getting around
Buses
Transit data provided by Google. Times and distances are estimates.
Flyers
PAGE
Restaurant flyer
Printable page · Generated from the listing details