3543 LANKFORD HWY, Exmore, VA 23350

This single-tenant auto parts retail property is anchored by Advance Stores Company, Inc. The tenant recently executed a new 15-year lease with three, five-year renewal options; 14 years remain. Rent increases are scheduled at 10% in year 11 and every five years thereafter throughout the option periods. The building totals 6,912 square feet and sits on approximately 0.82 acres.

Located at 3543 Lankford Hwy in Exmore, Virginia, the property benefits from prominent frontage along Lankford Highway (U.S. Route 13). The remarks cite 17,000 VPD for this corridor, described as the primary north-south transit route for the region and a source of both local daily traffic and seasonal beach travel. The site also serves transient traffic traveling between Virginia Beach/Norfolk and points north toward Maryland and Delaware.

For automotive-focused tenants and operators, the mix of surrounding retail supports a vehicle-reliant “do-it-yourself” customer base described in the materials. The property is positioned within Exmore’s primary retail cluster near national, high-traffic tenants including Food Lion, Ace, Walgreens, and Family Dollar, with the next closest Advanced Auto Parts noted as 40+ miles away. The existing lease structure and long remaining term may be attractive to buyers seeking a stabilized, single-tenant retail setup tied to an established automotive aftermarket brand.