Free-Standing Retail Auto Parts
1157 E Lee Highway Chilhowie, VA 24319
1157 E Lee Highway, Chilhowie, VA, 24319
Contact for pricing
For Sale
Contact for pricing
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 Market103
Property Features for 1157 E Lee Highway
General Information
- Standard status
- Active
- Size
- 6,895 SF
- Lot size
- 0.23 Acres
- Property subtype
- Retail
Listing agency
Horvath & Tremblay
Listed by
Kyle Danielson · License #9538605
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:31PM 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
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
Location Intelligence
Current Use by Public Records
Advance Auto Parts
Auto Parts Store
UPS Access Point ...
Courier Service
Similar For Sale Nearby
FAQs
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
