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Casual Dining Restaurant Building
For Lease
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2775 Lee Hwy, Troutville, VA 24175

Former casual dining restaurant at a high-traffic Interstate 81 exit with pylon signage and available equipment by agreement.

Space SizeContact for details
Property Size5,396 SF
Days on Market1310

Property Features for 2775 Lee Hwy

General Information

Standard status Active
Size 5,396 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Highway Access Yes

Spaces For Lease

at 2775 Lee Hwy Contact us

2775 Lee Hwy $15/SF/Yr

Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Jacob Quesinberry · License #0225193464
Source: Moodyscre
Added: Jan 3, 2023 Changed: Jul 27 Last Checked: Aug 5 at 1:57PM

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 Poe & Cronk Real Estate Group

Investment Insights

Based on property information with market context.

This former country dining restaurant property offers a proven, long-running casual dining setup for a future operator. The site includes restaurant equipment and furnishings that can be available at an additional cost, depending on the terms agreed upon.

The property is located along Interstate 81 at Exit 150, at the intersection of Route 220 and Route 11. Large pylon signs provide visibility from the surrounding routes.

An adjacent parcel is also available for sale, allowing the possibility to combine parcels for redevelopment. The property is available for rent, and it is also offered for sale separately.

Key Highlights

  • Former casual dining restaurant with 40+ year history as a successful retail location
  • High‑traffic Interstate 81 site at exit 150, at the intersection of Route 220 and Route 11
  • Large pylon signs visible from all routes

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Hair Salon Dental Office (Bike/Boat/Book/etc) Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
510
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Fisher Auto Parts Shops & Services
510 visits/mo 0.3 miles

Demographics for 24175, VA

8,165
Population
3,540
Households
2.3
Avg Household Size
47
Median Age
28%
College-Educated
96%
High-School Grad
80.4 sq mi
ZIP Area
102
Density / Sq Mi
$81,931
Median Household Income
$42,096
Median Earnings
$947
Median Rent
$274,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former casual dining restaurant at a high-traffic Interstate 81 exit with pylon signage and available equipment by agreement.
Where is this conventional restaurant located?
The property is located at 2775 Lee Hwy Troutville, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Former casual dining restaurant with 40+ year history as a successful retail location; High‑traffic Interstate 81 site at exit 150, at the intersection of Route 220 and Route 11; Large pylon signs visible from all routes
(540) 353-5344 Call to check price and availability
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