Located at the intersection of Route 50--also known as Lee Jackson Highway--and Pleasant Valley Road, the lot will become the home of a new Moore car dealership. "The Route 50 Corridor has become a popular spot for auto dealerships," Newmark & Bank senior managing director Lisa Benjamin tells GlobeSt.com. "Auto dealerships like to locate close to other dealers." Acura, Chevrolet and Lexus showrooms are also located nearby. "The site has extensive frontage on Route 50 and good access," she adds. "It's in a growing portion of Northern Virginia."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.