Free-Standing Retail Auto Parts
For Sale
Contact for pricing
1157 E Lee Highway, Chilhowie, VA 24319
Constructed in 2015, this free-standing retail building is situated on a pad outparcel fronting a shopping center.
Property Size6,895 SF
Lot Size0.23 Acres
Days on Market125
Property Features for 1157 E Lee Highway
General Information
Standard status
Active
Size
6,895 SF
Lot size
0.23 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
Horvath & Tremblay Alexandria
Listed By:
Kyle Danielson · License #9538605
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay Alexandria
Investment Insights
Based on property information with market context.
The property is a free-standing retail building constructed in 2015, totaling 6,895 square feet, situated on a 0.23-acre outparcel. The site is positioned on a pad in front of a Goodwill and Family Dollar anchored shopping center.
Advance Auto Parts occupies the building. The lease includes 11+ years remaining on the initial term, plus four, five-year renewal options with a 5% rent increase at the start of each option period. The outparcel offers direct access and visibility on Lee Highway (State Route 11), the primary roadway connecting Chilhowie with I-81, and it is located directly across from Chilhowie High School.
The shopping center tenant mix in the immediate area includes Goodwill, Family Dollar, Dollar General, Food City, BB&T Bank, Valley Health Care Center, Subway, Taco Bell, McDonalds, and Budget Inn.
Advance Auto Parts occupies the building. The lease includes 11+ years remaining on the initial term, plus four, five-year renewal options with a 5% rent increase at the start of each option period. The outparcel offers direct access and visibility on Lee Highway (State Route 11), the primary roadway connecting Chilhowie with I-81, and it is located directly across from Chilhowie High School.
The shopping center tenant mix in the immediate area includes Goodwill, Family Dollar, Dollar General, Food City, BB&T Bank, Valley Health Care Center, Subway, Taco Bell, McDonalds, and Budget Inn.
Key Highlights
- Constructed in 2015: 6,895 SF free‑standing retail building on a 0.23‑acre outparcel
- Advance Auto Parts lease has 11+ years remaining on the initial term plus four 5‑year renewal options
- Renewal options include 5% rent increases at the start of each option period
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Apparel 29%
Family Dollar
Shops & Services
4,847 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
3,732 visits/mo
0.4 miles
Goodwill
Apparel
3,589 visits/mo
0.4 miles
Demographics for 24319, VA
6,500
Population
3,100
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
62.4 sq mi
ZIP Area
104
Density / Sq Mi
$49,140
Median Household Income
$39,216
Median Earnings
$775
Median Rent
$145,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Constructed in 2015, this free-standing retail building is situated on a pad outparcel fronting a shopping center.
Where is this retail space located?
The property is located at 1157 E Lee Highway Chilhowie, VA.
What are key features of this property?
This property features: Constructed in 2015: 6,895 SF free‑standing retail building on a 0.23‑acre outparcel; Advance Auto Parts lease has 11+ years remaining on the initial term plus four 5‑year renewal options; Renewal options include 5% rent increases at the start of each option period
