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IHOP to Open in Former Fuddruckers Building in Salem

Former Fuddruckers, Salem, VA ROANOKE, VA - November 18, 2009 - Poe & Cronk Real Estate Group today announced the sale of an 8,000 SF restaurant building to SS Acquisition, LLC which is located at 201 Electric Road, Salem, Virginia.

This building, which was the formerly occupied by Fuddruckers, sold for $962,500 and will be converted to an IHOP. The business is scheduled to open in the 1st quarter of 2010. Dennis Cronk and Matt Huff represented the owner in this transaction.

About Poe & Cronk

Poe & Cronk (www.poecronk.com) is locally owned and internationally recognized as a leading full-service commercial real estate company. A team of real estate professionals with more than 200 combined years of experience offers expertise in marketing and managing commercial, industrial and investment properties. Organized in 1987, Poe & Cronk provides comprehensive commercial, industrial and investment real estate services throughout Western Virginia.