Commercial Real Estate in Hanover available for sale
Hanover Drive Through Restaurants For Sale

Drive Through Restaurants for Sale within 50 kilometers of Hanover, VA, USA

More details for 9385 Atlee Rd, Mechanicsville, VA - Retail for Sale

9385 Atlee Rd

Mechanicsville, VA 23116

  • Drive Through Restaurant
  • Retail for Sale
  • $2,488,442 CAD
  • 3,326 SF
  • Air Conditioning
  • Restaurant

Mechanicsville Retail for Sale - I-95 North/Chamberlayne

This offering represents an opportunity to acquire a single-tenant Wendy’s restaurant operating under a long-term NNN lease in Hanover County’s bustling Mechanicsville submarket. The property is backed by a lease guaranty from Meritage Hospitality Group Inc., an established and expanding operator with a national footprint. The tenant, Wen Virginia LLC, commenced an initial 20-year term with more than 19 years remaining, providing stable, predictable cash flow with zero landlord responsibilities. Six additional five-year renewal options offer further security, and scheduled rent adjustments enhance income growth over time. The current net operating income stands at approximately $112,000 annually, creating consistent returns supported by one of America’s most recognized quick-service brands. Located on Atlee Road, the site enjoys excellent visibility, strong traffic counts, and adjacency to thriving retail, residential, and employment nodes within the Richmond metropolitan area. This trade area continues to experience growth fueled by strong demographics, established communities, and highway connectivity, ensuring long-term viability for QSR operators. With its combination of prime location, high-credit tenancy, and structured rental escalations, this asset delivers defensive income and durable value for investors seeking passive ownership of a nationally branded, essential-service property.

Contact:

Ehren Jacobs Bang Realty

Property Subtype:

Fast Food

Date on Market:

2026-05-06
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More details for 5164 New Market Rd, Richmond, VA - Retail for Sale

5164 New Market Rd

Richmond, VA 23231

  • Drive Through Restaurant
  • Retail for Sale
  • $742,408 CAD
  • 4,257 SF

Richmond Retail for Sale - East End

5164 New Market Road presents a compelling commercial development opportunity along the historic Route 5 corridor in Henrico County. Positioned on New Market Road (Route 5), the property benefits from strong visibility and accessibility in a growing eastern Henrico submarket connecting Richmond and Williamsburg. The site is zoned B-3 (Business), allowing for a wide range of commercial uses that can serve both local residents and corridor traffic. With approximately 248 feet of frontage on New Market Road and 292 feet along Willis Church Road, the property offers valuable corner exposure and flexible site planning potential. This configuration makes it particularly well-suited for uses that rely on visibility, access, and traffic flow. Potential development concepts include a convenience store or fuel station, quick-service or fast-casual restaurant with drive-thru, or a neighborhood retail center. The site could also accommodate automotive sales or service, medical office, or professional office users. Contractors or service-oriented businesses may find the layout suitable for a yard or flex-use facility, subject to approvals. The surrounding area continues to see residential growth, increasing demand for nearby goods and services. Its location along a well-traveled historic corridor also captures pass-through and tourism-related traffic. The dual-road frontage enhances ingress and egress options, improving functionality for a variety of commercial layouts. Utilities and access in the area further support near-term development potential. Overall, the property offers a rare combination of zoning flexibility, frontage, and location. This is an excellent opportunity for investors, developers, or owner-users looking to establish a presence in an expanding corridor of Henrico County.

Contact:

Liz Moore and Associates

Property Subtype:

Freestanding

Date on Market:

2026-04-20
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More details for 9000 Patterson Ave, Richmond, VA - Retail for Sale

9000 Patterson Ave

Richmond, VA 23229

  • Drive Through Restaurant
  • Retail for Sale
  • $2,887,143 CAD
  • 3,459 SF

Richmond Retail for Sale - Far West End

9000 Patterson Avenue presents a rare opportunity to acquire a highly visible corner parcel in Henrico’s established West End corridor. Positioned at a signalized intersection, this property offers exceptional frontage, strong traffic counts, and unmatched exposure. The ±3,900 SF building sits on approximately 1.3 acres, providing a unique combination of existing improvements and future development potential. Zoned O-2, the site supports a wide range of professional, medical, and institutional uses. Its size and configuration allow for expansion of the existing structure, reconfiguration for higher-density use, or complete ground-up redevelopment. The expansive corner lot offers flexibility for owner-occupants, investors, or developers seeking long-term upside in a high-demand market. Surrounded by professional offices, retail, and residential communities, this property benefits from strong demographics and continued growth in Henrico’s West End. Whether for immediate occupancy or strategic repositioning, 9000 Patterson Avenue delivers visibility, flexibility, and enduring value.

Contact:

Icon Commercial

Property Subtype:

Freestanding

Date on Market:

2026-03-30
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More details for 7039 Mechanicsville Tpke, Mechanicsville, VA - Retail for Sale

Walgreens - Richmond (Mechanicsville) VA - 7039 Mechanicsville Tpke

Mechanicsville, VA 23111

  • Drive Through Restaurant
  • Retail for Sale
  • $10,411,588 CAD
  • 14,550 SF

Mechanicsville Retail for Sale

• Over 10 years remaining with 10 (5-year) option periods to extend • Lease is corporate signed by Walgreens Co. • Located just east of Interstate 295, a major north/south travelling highway averaging 98,000 vehicles passing by daily

Contact:

SRS Real Estate Partners

Property Subtype:

Drug Store

Date on Market:

2025-10-10
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More details for 18048 Jefferson Davis Hwy, Ruther Glen, VA - Retail for Sale

UNIQUE 60% PAYDOWN READVANCE OPPORTUNITY - 18048 Jefferson Davis Hwy

Ruther Glen, VA 22546

  • Drive Through Restaurant
  • Retail for Sale
  • $4,367,835 CAD
  • 5,389 SF

Ruther Glen Retail for Sale - Caroline County

HMX Realty is pleased to present for sale a Zero Cash Flow CVS Pharmacy located in a wealthy, high-growth area south of Fredericksburg in northern Richmond. At 5,389 sf, this CVS features the brand's preferred footprint. Rent is low at only $179,820, making the asset particularly attractive. This property is offered with a zero-cash flow structure and pay-down readvance available, allowing an investor to cash out 60% of the purchase price immediately post-closing with no tax consequences. The interest rate on the spring-loaded, self-liquidating debt is only 3.42%. The property is ideal for a 1031 exchange. The Zero Cash Flow structure allows a 1031 buyer to acquire the asset for virtually all cash ($3,177,000) and have the debt re- advanced to $1,906,000 immediately post-closing. Mortgage proceeds from the re- advanced loan are not subject to capital gains or income tax; however, HMX Realty Advisors is not qualified to give legal or tax advice. The 5,389-sf building sits on 1.25 acres and is leased for 16+ years to CVS, an investment-grade company, on an absolute bond triple-net lease with no landlord responsibilities. The existing debt self-liquidates over 13 years at 3.42% with a three- year rent holiday starting in November 2038. Area Summary: The CVS is located just off Interstate 95 at the traffic light corner of Jefferson Davis Highway and Ladysmith Road in Ruther Glen, VA. Ruther Glen is part of the Richmond MSA and conveniently located between Richmond and Washington DC. The Richmond MSA is a center for law, finance and government. The area is home to one of 13 United States Court of Appeals, and one of 12 Federal Reserve Banks. Fortune 500 Companies headquartered in the area include Dominion Resources, MeadWestvaco, CarMax, Owens & Minor, Genworth Financial and Altria Group, while many others have a major presence. The intersection offers immediate access to Interstate 95, the main north–south Interstate Highway on the East Coast of the United States, and a mix of commercial tenants that support the surrounding area. In addition to CVS, nationally or regionally recognized tenants include a Food Lion Supermarket, Advance Auto, Atlantic Union Bank, Citgo fuel station, Family Dollar, and Dollar General. CVS location is supported by a wealthy and growing demographic.

Contact:

HMX1031.COM

Property Subtype:

Drug Store

Date on Market:

2025-08-14
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More details for 3810 Meadowbridge Rd, Richmond, VA - Land for Sale

E. Richmond 2+ Ac Zoned B3 - 3810 Meadowbridge Rd

Richmond, VA 23222

  • Drive Through Restaurant
  • Land for Sale
  • $1,780,405 CAD
  • 2 AC Lot

Richmond Land for Sale - Northside

2 Acres in North Richmond's Opportunity Zone The B-3 district is intended to provide a mix of commercial, automotive, and recreational activities. Possible uses, include most Retail Uses, Drive-Thru, Office, Automotive Filling Station, Live/Work Dwellings. The site allows for access from 2 roads- Richmond-Henrico Turnpike and Meadowridge Rd, and is experiencing growth with Amazon's presence and the new homes and businesses being built to accommodate 1,000 new employees, In addition to major roadway enhancement taking place on Azalea Ave, across Laburnum from this location, including bike lanes, streetlights and a new water main. In addition, there is a single-story building on the property, that has a slab foundation. 50% Seller financing is possible. Opportunity Zones offer federal incentives for investors and developers aiming to revitalize underserved areas, such as: Capital Gains Deferral, Tax Reduction, Tax-Free Growth.

Contact:

Haas Realty Group

Property Subtype:

Commercial

Date on Market:

2022-08-17
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United States Drive Through Restaurants Virginia Hanover

Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease