3527 Lankford Hwy, Exmore, VA

Listing Agency: SRS Real Estate Partners | McLean Show Phone

Listed By: Andrew Fallon · License VA RSR006585 Show Phone

Source: Moodyscre

Added: Nov 20, 2025 Changed: Aug 8 Last Checked: Apr 5 at 10:33PM

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Investment Insights

Based on property information with market context.

This retail property is occupied by Verizon and Virginia ABC. Verizon recently extended their initial lease for an additional 3 years, with three 3-year options to extend. Virginia ABC has 6 years remaining on their initial lease, with one 5-year option to extend. Virginia ABC has 2% annual rental increases throughout the initial term and options thereafter. Verizon, headquartered in New York City, generated revenues of $134.8 billion in 2024. Virginia ABC operates approximately 400 state stores and provides alcohol education and prevention programs. The property size is 5,600 square feet. The tenant is responsible for utilities, taxes, insurance, and most maintenance.

Key Highlights

• Strong tenant mix with Verizon and Virginia ABC providing stable income.
• Verizon recently extended their lease, demonstrating commitment to the location.
• Virginia ABC has 6 years remaining on their initial lease.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Verizon Mobile Phone Store Verizon Business Services Telecommunications Service

Suggested Use

Top Pick HVAC Service Plumbing Service Furniture & Home Goods Grocery & Convenience Store Garden Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

222

Businesses Nearby

19k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 74% Electronics 14% Hotels & Casinos 6% Groceries 6%

Dollar Tree Shops & Services

7,848 visits/mo 0.1 miles

Dollar General Shops & Services

5,985 visits/mo 0.2 miles

Verizon Electronics

2,513 visits/mo 0.1 miles

Holiday Inn Express & Suites Exmore - Eastern Shore Hotels & Casinos

1,120 visits/mo 0.2 miles

Virginia ABC Groceries

1,102 visits/mo 0.1 miles

Market

Average Price Trend$/SF for Retail space in Northampton County, VA

$178 Jul

$267 Aug

$220 Sep

$216 Oct

Properties on Market for Retail space in Northampton County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property with Verizon and Virginia ABC as tenants.

Where is this retail space located?

The property is located at 3527 Lankford Hwy Exmore, VA.

What are key features of this property?

This property features: Strong tenant mix with Verizon and Virginia ABC providing stable income.; Verizon recently extended their lease, demonstrating commitment to the location.; Virginia ABC has 6 years remaining on their initial lease.