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  1. Retail Space
  2. VA
  3. Franklin

1031 Armory Dr.

For Lease 10,908 SF

1031 Armory Dr, Franklin, VA 23851

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 Price on request
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Aug 13, 2026
Want more info on this listing?

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

True

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Former Rite Aid Retail Price on request 10,908 SF - NNN

Former Rite Aid

Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

10,908 SF

Divisible Space

10,908 - 10,908 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Former Rite Aid

Space Type
Retail
Lease Rate
Price on request
Total Space
10,908 SF
Lease Type
NNN
Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

10,908 SF

Divisible Space

10,908 - 10,908 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

broker
Kris Fuller

Divaris Real Estate

Building Details

  • For Lease Price on request
  • Property Type Retail - Freestanding
  • Property Size 10,908 SF
  • Lot Size 1.17 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 55
  • Parking Ratio 5.04 / 1,000 SF
  • Building Class A
  • Year Built 2000
  • Date Updated Aug 13, 2026

Location

  • City Franklin, VA
  • Zip Code 23851
  • Market Richmond Tidewater
  • Map
  • Street
  • Walk score 54/100 Somewhat Walkable
  • Bike score 39/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Love's

0.70 miles

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

Boat Launch

7.42 miles

Food Lion

0.55 miles

Belk

0.62 miles

Hubbard Peanut Company

0.88 miles

Walmart Supercenter

0.97 miles

Holland's General Store

8.72 miles

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 Kris Fuller
broker
Kris Fuller

Divaris Real Estate

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