401-339-4749
869 N Lee Hwy, Lexington, VA for Sale
Bank - FOR SALE
1/11
null | Request Cap Rate

869 N Lee Hwy
Lexington, VA 24450


HIGHLIGHTS

  • High Traffic Counts
  • Strong Complementary Land Uses
  • Great Visibility & Accessibility
  • Pylon Signage

OVERVIEW

Available For Sale - This 1,600 SF former bank branch with an attached 3-lane drive-thru is available for sale. The property is in Lexington, Virginia (Rockbridge County), a growing college town with a population of approximately 7,500 residents, less than 3 miles from Virginia Military Institute and Washington & Lee University. Highly Accessible Location - The site is situated on 0.80 acres across from numerous midscale hotel brands, Applebee's, Dairy Queen, a 12-pump Mobil gas station, Chick-fil-A, and Dunkin'. The site not only benefits from strong complementary land uses but also its close proximity to I-64 and I-81 and Rockbridge County High School. 0.80 acres, 1,600 SF - The 0.80-acre square-shaped lot and 1,600 SF building, including three-lane drive-thru, is suitable for a wide range of uses given its B-1 (General Business District) zoning. Permitted uses in B-1 include retail business or service establishments, restaurants, business offices, automobile service stations, child care centers, hotels/motels, among other commercial uses. High Traffic Counts, Strong Visibility, and Great Ingress/Egress - The site boasts high traffic counts (20K) and has strong visibility along N. Lee Highway, a four-lane divided highway, aided by a pylon sign. The site also has great ingress/egress along both sides of the previously mentioned highway.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Auto Repair, Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

B-1

APN/PARCEL ID

61A1-1-5C1

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401-339-4749

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401-339-4749

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