Matthews Logo

Navigation Menu

1700 E Main, 970 E Stuart Dr, Radford, Galax, VA, 24141, 24333

Domino’s Portfolio

$1,329,271

Key Information

Tot. SF
3,800
Lot Size
0.99 Acres
Units
2
Term Remaining
± 7.75 Years
Type
Retail

Highlights

  • Eight Years Remaining on Initial 10-Year Lease – Recently executed 10-year lease commencing April 2024, with approximately eight years remaining and one 5-year renewal option.
  • Rare 5% Annual Rental Increases – Strong annual increases provide built-in income growth and inflation protection.
  • Significant Recent Renovations – Galax was fully renovated in 2020, Radford underwent an extensive remodel in 2018, and Princeton received significant improvements in 2019, including new roofs at all both locations.
  • Attractive Rent-to-Sales Ratios – Strong store performance supports long-term tenant stability: Galax 7.48%, and Radford 4.77%.
  • Strong Franchisee Guarantee – Blue Ridge MTN Pizza LLC operates 50 Domino’s locations across Virginia, West Virginia, and Tennessee, providing experienced multi-unit franchisee backing.
  • Recession-Resistant Tenant – Domino’s affordable menu, delivery platform, and broad customer base support demand across varying economic conditions.
  • Primary Thoroughfare Locations – Each property is positioned along a primary arterial roadway, providing strong visibility, accessibility, and traffic exposure.
  • Long Operating History – Domino’s has maintained a successful operating presence across the two locations for more than 30 years, demonstrating sustained customer demand, proven site performance, and long-term commitment to each market. The Galax, VA location has operated since 1992, and Radford, VA since 1990.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 25225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203, 300 Wharton Circle, 2nd Floor, Triadelphia, WV 26059