You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Lee Hwy Lexington, VA 24450

144,541 SF 23.56 ac lot Built 1975
Property ID
Property summary
AI-generated overview

College Square Shopping Center, located at 744-800 North Lee Highway in Lexington, VA 24450, presents a compelling retail investment opportunity. This 144,541 square foot, Class C neighborhood shopping center sits on a 23.558-acre lot (1,026,186 square feet) and boasts five buildings constructed in 1975 and renovated in 2000. Currently, 65,500 square feet of space is available, with two spaces ranging from 25,000 to 40,500 square feet. The center features 563 surface parking spaces and benefits from a B-1 zoning designation. Its prime location on Route 11, between I-64 and downtown Lexington, provides excellent visibility and accessibility. The property is less than a mile from the Virginia Horse Center, attracting 575,000 visitors annually, and is conveniently situated near Virginia Military Institute (VMI) and Washington & Lee University. Established tenants include Starbucks, Tractor Supply, YMCA, and Sherwin Williams, creating a strong existing tenant base. Dominion Energy provides power to the center. This property offers a unique chance to establish a presence in a thriving community with a strong educational and tourism presence. The property is in the Lexington, Buena Vista, Glasgow, Goshen submarket cluster.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1975
Total area 144,541 SF
Lot 23.56 ac (1,026,186 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Lee Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message