Description

This 2,060 SF freestanding former restaurant at 874 N. Lee Highway offers an outstanding leasing opportunity in one of Lexington’s most active commercial corridors. The property features drive-thru capability, strong signage potential, and full directional access, making it ideal for fast-casual restaurants, coffee concepts, or retailers seeking high visibility and accessibility. Conveniently located just minutes from Interstate 64, the site benefits from approximately 18,000 vehicles per day, providing steady customer traffic. The property is surrounded by a strong mix of national retailers, restaurants, and hotels, positioning it well for high-volume consumer businesses. It is also located just five minutes from Virginia Military Institute (approximately 1,600 students) and Washington & Lee University (approximately 2,200 students), generating consistent demand from both student and local populations. The surrounding trade area features strong demographics, with average household incomes exceeding $100,000 within a 3–5 mile radius. With excellent visibility, easy access, and an existing restaurant layout already in place, this space offers a turnkey opportunity for the right operator. Key highlights include 2,060 SF available, former restaurant use, drive-thru capability, close proximity to I-64, full directional access, strong visibility, nearby restaurants and hotels, and convenient access to nearby universities.