Casual Dining Restaurant
For Lease
$15 SF/Yr
2775 Lee Highway, Troutville, VA 24175
Former casual dining restaurant at a high-traffic Interstate 81 exit with pylon signage and available equipment by agreement.
Space Size5,396 SF
Days on Market32
Property Features for 2775 Lee Highway
General Information
Standard status
Active
Size
5,396 SF
Property subtype
Retail - Restaurant
Additional Details
Highway Access
Yes
Building Details
Building Size
5,396 SF
Spaces For Lease
at 2775 Lee Highway Contact us- Size
- 5,396 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
2775 Lee Highway $15/SF/Yr
Listing Agency:
Poe & Cronk Real Estate Group
(540) 353-5344
Listed By:
Jacob Quesinberry, SIOR · License #0225193464
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 23
Last Checked: Aug 26 at 5:31AM
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.
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
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
149k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 38%
Hotels & Casinos 2%
McDonald's
Dining
32,015 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
31,036 visits/mo
0.5 miles
Circle K
Shops & Services
21,680 visits/mo
0.1 miles
Dodge's Southern Style
Shops & Services
20,500 visits/mo
0.2 miles
Hardee's
Dining
13,147 visits/mo
0.2 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
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 Highway 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
