For Lease
$5-$6.50 /SF/YR

0 Lee HwyLexington, VA 24450

Lexington, VA Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
College Square Shopping Center, located at 744-800 North Lee Highway in Lexington, VA 24450, presents a compelling retail investment opportunity. This 144,541 square foot, Class C neighborhood shopping center sits on a 23.558-acre lot (1,026,186 square feet) and boasts five buildings constructed in 1975 and renovated in 2000. Currently, 65,500 square feet of space is available, with two spaces ranging from 25,000 to 40,500 square feet. The center features 563 surface parking spaces and benefits from a B-1 zoning designation. Its prime location on Route 11, between I-64 and downtown Lexington, provides excellent visibility and accessibility. The property is less than a mile from the Virginia Horse Center, attracting 575,000 visitors annually, and is conveniently situated near Virginia Military Institute (VMI) and Washington & Lee University. Established tenants include Starbucks, Tractor Supply, YMCA, and Sherwin Williams, creating a strong existing tenant base. Dominion Energy provides power to the center. This property offers a unique chance to establish a presence in a thriving community with a strong educational and tourism presence. The property is in the Lexington, Buena Vista, Glasgow, Goshen submarket cluster.

Highlights

  • 25,000 SF and 40,500 SF freestanding buildings available for lease.

Property Details for 0 Lee Hwy

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
144,541 SF
Class
C
Year Built/Renovated
1975/2000
Buildings
5

Unit(s) available at that property

Space
770 N. Lee Hwy
Size
25,000 SF
Rate per SF
$6.50
Space
760 N Lee Hwy
Size
40,500 SF
Rate per SF
$5

Location Insight

City
Lexington
County
Rockbridge
State
Virginia
Latitude
37.79663131
Longitude
-79.42176226
Lee Hwy, Lexington, Virginia

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0 Lee Hwy
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