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874 N Lee Hwy
Lexington, VA 24450
Dairy Queen · Retail Property For Lease
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2,060 SF
HIGHLIGHTS
- Prime location with direct access to I-64 and U.S. Route 11
- Excellent visibility and 18,000 vehicles per day traffic count
- Close to Washington & Lee University and Virginia Military Institute
- Former restaurant space with existing drive-thru infrastructure
- Surrounded by national retailers, hotels, and dining options
- Strong local demographics with high average household income
PROPERTY FACTS
| Total Space Available | 2,060 SF | Gross Leasable Area | 5,059 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 8.7/1,000 SF |
| Total Space Available | 2,060 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,059 SF |
| Year Built | 2000 |
| Parking Ratio | 8.7/1,000 SF |
ABOUT THE PROPERTY
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.
