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For Lease

1031 Armory Dr.

1031 Armory Dr, Franklin, VA 23851

10,908

SF Available
Armory Drive (11,401 VPD) and S. College Drive (8,755 VPD) in Franklin, VAPrime 10,908 SF freestanding former Rite Aid with drive-thru available for lease at the prominent, signalized hard corner of Armory Drive (11,401 VPD) and S. College Drive (8,755 VPD) in Franklin, VA. This property occupies a prime position within the Franklin retail corridor and is located just one mile from I-58. Franklin’s strategic location gives this submarket a broad regional appeal, drawing customers from nearby areas such as Courtland, Suffolk, Newsoms, and Carrsville, VA.

Key features

  • 1.17 Acre Parcel
  • 1-Mile from I-58 (20,075 VPD)
  • Directly across from Paul D. Camp Community College
  • Existing Drive-Thru
  • Left-in Access via Armory Drive and S. College Drive
  • Prominent Pylon Signage
  • Surface Parking - 55 Spaces
  • Zoning - B-3: General Business District

Rental Details

  • Number of spaces 1
  • Total square feet available 10,908 SF
  • For Lease Contact for pricing
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 14, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Former Rite Aid

  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 10,908 SF
  • Divisible Space 10,908 - 10,908 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
broker
Kris Fuller

Divaris Real Estate

Contacts

broker
Kris Fuller

Divaris Real Estate

Building Details

  • For Lease Contact for pricing
  • Property Type Retail - Freestanding
  • Property Size 10,908 SF
  • Lot Size 1.17 Acre
  • Parking Spaces Avail. 55
  • Parking Ratio 5.04 / 1,000 SF
  • Building Class A
  • Year Built 2000
  • Date Updated May 14, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (54)
  • Bike Score ®

    Somewhat Bikeable (39)
Powered by Walk Score ®

Location

  • City Franklin, VA
  • Zip Code 23851

Points of Interest

Tesla Destination Charger

0.96 miles

BP

1.03 miles

Mobil

1.04 miles

Shell

2.41 miles

Sunoco

4.83 miles

7-Eleven

5.70 miles

Belk

0.62 miles

Hubbard Peanut Company

0.88 miles

Walmart Supercenter

0.97 miles

Holland's General Store

8.72 miles

1031 Armory Dr Listing Summary

  • The Price for Retail Space at 1031 Armory Dr

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    1031 Armory Dr has 55 parking spots, for a parking ratio of 5.04 / 1,000 SF

  • Retail Space Options Available at 1031 Armory Dr

    The property exclusively contains Retail space totaling 10,908 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Kris Fuller

Divaris Real Estate

  1. 1Main information
  2. 2Extra information
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