Two-Property Retail
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For Sale
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3527 Lankford Hwy, Exmore, VA 23350
Fully occupied retail portfolio with three national tenants across two properties in Exmore, Virginia.
Property Size12,412 SF
Price / SF$269.35
Days on Market5
Property Features for 3527 Lankford Hwy
General Information
Standard status
Active
Size
12,412 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
17,000 vehicles/day
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Washington, D.C.
(443) 553-6755
Listed By:
Dean Zang · License #MD 665335
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 7:52AM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively offer for sale a fully occupied retail portfolio in Exmore, Virginia on the Eastern Shore of the Delmarva Peninsula. The portfolio includes two retail properties totaling 12,412 square feet and is 100% occupied by three established national tenants: Virginia ABC, Verizon, and Advance Auto Parts.
The portfolio features a 6,912-square-foot building situated on approximately 0.82 acres, with prominent frontage along Lankford Highway (U.S. Route 13). The frontage is 17,000 VPD, serving as the primary artery of the Eastern Shore. This segment of the highway is described as the sole north-south transit route for the region, capturing both local daily traffic and seasonal beach traffic, as well as transient traffic traveling between Virginia Beach/Norfolk and points north toward Maryland and Delaware.
The portfolio features a 6,912-square-foot building situated on approximately 0.82 acres, with prominent frontage along Lankford Highway (U.S. Route 13). The frontage is 17,000 VPD, serving as the primary artery of the Eastern Shore. This segment of the highway is described as the sole north-south transit route for the region, capturing both local daily traffic and seasonal beach traffic, as well as transient traffic traveling between Virginia Beach/Norfolk and points north toward Maryland and Delaware.
Key Highlights
- 100% occupied retail portfolio with Virginia ABC, Verizon, and Advance Auto Parts
- Two‑property portfolio totaling 12,412 square feet in Exmore, VA
- 6,912‑square‑foot building on approximately 0.82 acres
Property Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
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
Demographics for 23350, VA
3,433
Population
1,866
Households
1.8
Avg Household Size
50
Median Age
29%
College-Educated
82%
High-School Grad
32.9 sq mi
ZIP Area
104
Density / Sq Mi
$51,667
Median Household Income
$36,483
Median Earnings
$674
Median Rent
$180,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Fully occupied retail portfolio with three national tenants across two properties in Exmore, Virginia.
Where is this retail space located?
The property is located at 3527 Lankford Hwy Exmore, VA.
What is the asking price?
The asking price for this property is $3,343,192.
What are key features of this property?
This property features: 100% occupied retail portfolio with Virginia ABC, Verizon, and Advance Auto Parts; Two‑property portfolio totaling 12,412 square feet in Exmore, VA; 6,912‑square‑foot building on approximately 0.82 acres
