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Single-Story Social Security Office
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2484 Lee Hwy, Bristol, VA 24202

Single-story government-leased office fronting Lee Highway on 2.54 acres near I-81 Exit 5.

Property Size13,600 SF
Lot Size2.54 Acres
Days on Market122

Property Features for 2484 Lee Hwy

General Information

Standard status Active
Size 13,600 SF
Lot size 2.54 Acres
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2008
Stories 1
Tenancy Single
Listing Agency: TCI Group – Jerry Petzoldt Agency LLC
Listed By: Glenn Perkins · License #VA 0225224327
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:42AM

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 TCI Group – Jerry Petzoldt Agency LLC

Investment Insights

Based on property information with market context.

This single-story commercial office building is leased to a single U.S. Government tenant and is offered on a 100% fee simple basis. The property is a gross-leased facility built in 2008, and it is currently occupied by GSA/Social Security Administration under an initial 10-year term that began in 2018. The lease includes a 5-year non-cancelable renewal and a rent escalation in 2023.

The Social Security Building fronts Lee Highway and is near the signaled intersection of Lee Highway and Blevins Blvd, which serves as the main entrance to The Falls retail and restaurant corridor. The property also provides immediate access to I-81 at Exit 5, where the Lee Highway/I-81 Exit area has been undergoing extensive improvements beginning August 2021.

Note: the E-911 system changed the property’s address in Summer 2021, and the building and sign now reflect 3280 Lee Highway. Virginia property records and online mapping have not yet been updated.

Key Highlights

  • Single‑story U.S. Government gross‑leased commercial building totaling 13,600 SF
  • Located on 2.54 acres fronting Lee Highway in Bristol, Virginia
  • Built in 2008; Social Security Building currently leased to GSA/Social Security Administration

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Building Supply Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 24202, VA

12,716
Population
6,270
Households
2
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
128.8 sq mi
ZIP Area
99
Density / Sq Mi
$58,333
Median Household Income
$36,435
Median Earnings
$850
Median Rent
$195,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-story government-leased office fronting Lee Highway on 2.54 acres near I-81 Exit 5.
Where is this office building located?
The property is located at 2484 Lee Hwy Bristol, VA.
What are key features of this property?
This property features: Single‑story U.S. Government gross‑leased commercial building totaling 13,600 SF; Located on 2.54 acres fronting Lee Highway in Bristol, Virginia; Built in 2008; Social Security Building currently leased to GSA/Social Security Administration
(423) 230-0255 Call to check price and availability
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