Leased Retail Storefront
3527 Lankford Hwy Exmore, VA 23350
For Sale
Contact for pricing
Verizon extended its lease by three years with options, and Virginia ABC has approximately six years remaining.
Property Size5,600 SF
Days on Market251
Property Features for 3527 Lankford Hwy
General Information
Standard status
Active
Size
5,600 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | McLean
(202) 286-1542
Listed By:
Andrew Fallon
(202) 286-1542
Source:
Moodyscre
Added: Nov 20, 2025
Changed: Jul 28
Last Checked: Jul 28 at 3:00AM
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 SRS Real Estate Partners | McLean
Investment Insights
Based on property information with market context.
This leased retail storefront property is currently occupied under two separate tenant leases, with Verizon and Virginia ABC both providing long-term income continuity. Verizon recently extended its initial lease an additional three years, along with three (3-year) options to extend. Virginia ABC has approximately six years remaining on its initial lease and one (5-year) option to extend. Rental increases are structured at 2% annually throughout the initial term and into the option periods.
Virginia ABC operates approximately 400 state stores and provides alcohol education and prevention programs. Verizon is headquartered in New York City and has a presence around the world; the company reported $134.8 billion in revenue for 2024.
Tenant responsibility includes paying for utilities, taxes, and insurance, with the tenant maintaining most. The property is located at 3527 Lankford Hwy, Exmore, VA 23350.
Virginia ABC operates approximately 400 state stores and provides alcohol education and prevention programs. Verizon is headquartered in New York City and has a presence around the world; the company reported $134.8 billion in revenue for 2024.
Tenant responsibility includes paying for utilities, taxes, and insurance, with the tenant maintaining most. The property is located at 3527 Lankford Hwy, Exmore, VA 23350.
Key Highlights
- Verizon recently extended its initial lease an additional 3 years, with 3 (3‑year) extension options
- Virginia ABC has approximately 6 years remaining on its initial lease, with 1 (5‑year) extension option
- 2% annual rental increases throughout the initial term and options thereafter
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Verizon extended its lease by three years with options, and Virginia ABC has approximately six years remaining.
Where is this storefront property located?
The property is located at 3527 Lankford Hwy Exmore, VA.
What are key features of this property?
This property features: Verizon recently extended its initial lease an additional 3 years, with 3 (3‑year) extension options; Virginia ABC has approximately 6 years remaining on its initial lease, with 1 (5‑year) extension option; 2% annual rental increases throughout the initial term and options thereafter
