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Highlights

  • Highly Visible and Accessible location with strong daily traffic, 30,000 cpd
  • Owner will Build to Suit
  • Average household income of $88,000
  • Direct connection to the Hyatt Place generating demand
  • Proximity to Virginia Tech
  • Ideal for café, fast-casual restaurant, or specialty food concept looking to capitalize on a vibrant and growing market

LOT Available

Display Rental Rate as

Rental Rate
  • $3.13 CAD/SF/YR
  • $0.26 CAD/SF/MO
  • $12,517 CAD/YR
  • $1,043 CAD/MO
Lease Term 10 Years
Lot Size 0.09 AC

Land Lease or Sale Opportunity-Prime Outparcel at 650 University City BLVD, Blacksburg VA. 
An exceptional ground lease opportunity for a café or restaurant in a high-visibility location adjacent to the Hyatt Place Blacksburg/Virginia Tech.  This prime outparcel sits along University City Blvd, one of the main corridors connecting Virginia Tech with the bustling retail and hospitality hub of Blacksburg.

Property Overview

For Sale or Lease Structure: Ground Lease-Long Term lease opportunity available Owner will develop/build to suit Site details, zoning and entitlements upon request

Property Facts

Total Space Available 0.09 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Bar
  • Restaurant
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Very bikeable
80/100
  • Listing ID: 35093402

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 650 University City Blvd, Blacksburg, VA 24060

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