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874 N Lee Hwy
Lexington, VA 24450

$8,583 USD/MO

Freestanding For Lease  •  2,060 SF

Property Details

  • Property Type Freestanding
  • Year Built 2000
  • Total Building Size 5,059 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning B1
0 Transit Score
39 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,060 SF $50.00 USD/SF/YR
This 2,060 SF former restaurant space offers an exceptional leasing opportunity in a prime Lexington, Virginia location. The site features a drive-thru, full directional access, and ample parking, making it ideal for quick-service or casual dining concepts.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Fast Food
  • Space Type: Relet

Description

This 2,060 SF former restaurant space offers an exceptional leasing opportunity in a prime Lexington, Virginia location. Positioned along N. Lee Highway with direct access to I-64, the property benefits from excellent visibility and a strong traffic count of 18,000 vehicles per day. The site features a drive-thru, full directional access, and ample parking, making it ideal for quick-service or casual dining concepts.
Surrounded by a robust mix of national retailers and hospitality brands, including Walmart, Starbucks, Chick-fil-A, Applebee’s, and Holiday Inn Express, the property sits within a thriving commercial corridor. Its proximity to major hotels and other dining establishments ensures consistent customer flow from both local residents and travelers. Additionally, the location is just five minutes from Washington & Lee University and Virginia Military Institute, collectively serving over 3,800 students, creating a steady base of potential patrons.
The property’s strategic position near I-64 and U.S. Route 11 provides easy regional connectivity, while nearby demographics reflect strong household incomes averaging over $100,000 within a five-mile radius. This combination of visibility, accessibility, and surrounding demand drivers makes 874 N. Lee Highway an outstanding choice for operators seeking a high-traffic, well-positioned restaurant location.

Highlights

Prime location with direct access to I-64 and U.S. Route 11
Former restaurant space with existing drive-thru infrastructure
Excellent visibility and 18,000 vehicles per day traffic count
Surrounded by national retailers, hotels, and dining options
Close to Washington & Lee University and Virginia Military Institute
Strong local demographics with high average household income

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Dairy Queen
Mobil
Pit Stop

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Connie Nielsen 804-363-6000 Cushman & Wakefield | Thalhimer
Connie Nielsen 804-363-6000 Cushman & Wakefield | Thalhimer