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1120 N Lee Hwy
Lexington, VA 24450
Ruby Tuesday | Abs NNN | Across 24hr Walmart · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,662 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.21 AC
Zoning
B1 - Business District
Parking
90 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
241’ on N Lee Highway

AMENITIES

  • Freeway Visibility
  • Restaurant

ABOUT 1120 N LEE HWY , LEXINGTON, VA 24450

The Ruby Tuesday is strategically located along N Lee Highway and adjacent to the Interstate 64 on/off ramps (14,000 VPD), a major east/west route for the Eastern US. The asset is ideally positioned near a 24-hour Walmart Supercenter, thereby promoting crossover traffic to the subject property. Other nearby national/credit tenant include Lowe’s Home Improvement, Tractor Supply Co., AutoZone, Dollar Tree, and more. Additionally, the site is surrounded by a number of hotels/motels including the Wingate by Wyndham, Sleep Inn & Suites, Best Western Plus, Comfort Inn, Country Inn & Suites, Motel 6, and more, providing a direct consumer base to draw from. The 5-mile trade area is supported by a population of more than 16,000 residents with an average household income of $63,689.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
61A2-3-A
Land Assessment
$632,500
Improvements Assessment
$868,900
Total Assessment
$1,501,400
  • Listing ID: 14619793

  • Date on Market: 12/12/2018

  • Last Updated:

  • Address: 1120 N Lee Hwy, Lexington, VA 24450

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