Salem, VA – Poe & Cronk Real Estate Group is proud to announce the successful sale-leaseback transaction of the Frito-Lay Distribution Facility located at 3941 West Main Street, Salem, VA.
This facility serves as a key distribution hub in the region with a strategic location along US Route 460/11 (West Main Street) parallelling Interstate 81 between Exit 132 and Exit 137. The property features a 23,000± SF modern industrial building with a 30-foot clear height warehouse. Component areas include office, warehouse and service garage. The 6.6+ acre site provides ample opportunity for future expansion, additional parking and storage. The property sold for $2.1 million. The sale-leaseback arrangement, facilitated by Poe & Cronk, allows the current occupant to continue operations seamlessly while benefiting from the capital generated through the sale for use in a significantly larger building currently under construction nearby. The facility at 3941 West Main Street will be available for lease in late 2026.
Poe & Cronk Real Estate Group’s Jacob Quesinberry and Matt Huff facilitated the transaction for all parties.
Contact us for information on the future availability of 3941 West Main Street or to learn how our team can assist in strategic real estate transactions.
About Poe & Cronk
Poe & Cronk is a locally owned and internationally recognized leading full-service commercial real estate company. The firm is comprised of a team of real estate professionals with more than 300 combined years of experience and more than $1.5B in real estate transaction knowledge in selling, leasing, and managing commercial, industrial, and investment real estate. In business for more than 30 years, Poe & Cronk provides commercial and investment real estate services throughout western Virginia.
