Quick Facts
Property Description
1379 Towne Square Blvd is a standout quick-service restaurant opportunity within a highly trafficked regional retail corridor in Roanoke, Virginia. The property currently operates as a Popeyes Louisiana Kitchen franchise—an internationally recognized brand with more than 2,600 locations nationwide under Restaurant Brands International—creating an established business with strong performance history.
Located at a signalized intersection with visibility and direct access from surrounding arterials, the site benefits from daily traffic counts along Aviation Drive, Towne Square Blvd, and Airport Road. The surrounding demographics reflect a densely populated trade area with solid consumer demand: within one mile, the population exceeds 5,650 with average household incomes around $89,000; within three miles, the population grows above 57,000 with incomes near $85,000; and within five miles, the population tops 125,000 with incomes around $88,000—providing a broad catchment of customers and strong daytime employment support.
The freestanding building offers approximately 3,000–3,203 square feet of quick-service restaurant space on a roughly one-acre site, featuring a drive-thru configuration, prominent signage, and dedicated parking. The restaurant has operated successfully in this location, generating approximately $2.4 million in 2023 sales, underlining the strength and resilience of the business as both a franchise operation and real estate asset.
This opportunity is available as a NNN ground lease or for sale in tandem with the business sale—providing flexibility for investors, owner-operators, or credit tenants seeking a long-term presence in a proven regional retail node. The established national tenancy, combined with strong traffic exposure and demographic trends, positions 1379 Towne Square Blvd as a compelling investment or owner-occupied restaurant real estate opportunity in Roanoke’s retail landscape.
Location
Popeyes Louisiana Kitchen
1379 Towne Square Blvd
Roanoke, VA 24012
Population
5,657 (1-Mile Radius)
57,148 (3-Mile Radius)
125,771 (5-Mile Radius)
Average Income
$89,061 (1-Mile Radius)
$85,177 (3-Mile Radius)
$88,187 (5-Mile Radius)
Available
3,203 SF

