Quick Facts
Property Description
Lexington Marketplace is a prominent neighborhood retail center strategically located along a high-visibility retail corridor in Lexington, Virginia, offering significant exposure and consistent consumer demand. The property benefits from strong daily traffic and regional accessibility that supports both local shopping needs and destination retail activity.
Positioned near major transportation routes, Lexington Marketplace is easily accessible to the surrounding community and regional visitors, connecting to key residential neighborhoods and employment hubs. The center is anchored by well-recognized daily-needs and service tenants that drive regular visitation. This co-tenant mix enhances cross-shopping potential and reinforces the center’s role as a primary neighborhood retail hub.
The trade area surrounding Lexington Marketplace reflects solid demographic fundamentals. There is a strong population base within close proximity, providing stable consumer support for retail, dining, and service tenants. The area’s median household incomes further reinforce the local purchasing power necessary to sustain long-term retail performance and demand.
Ample on-site parking and signalized access enhance convenience for customers, while the center’s placement along a busy arterial ensures continuous visibility to both vehicular and pedestrian traffic. With its strategic location and strong fundamentals, Lexington Marketplace presents an excellent opportunity for national, regional, and local retailers seeking to establish or expand their presence in a well-positioned Virginia market.
Location
Lexington Marketplace
20 Econo Lane
Lexington, VA 24450
Population
1,843 (1-Mile Radius)
11,311 (3-Mile Radius)
16,710 (5-Mile Radius)
Average Income
$77,086 (1-Mile Radius)
$77,815 (3-Mile Radius)
$87,522 (5-Mile Radius)
Available
1.40 Acres

