Lexington, VA – Poe & Cronk Real Estate Group is pleased to announce the successful sale of a premium retail pad located in Lexington, Virginia, to a developer for $1,443,333.
The property, strategically situated in a key commercial location, nearby to Washington & Lee University and Virginia Military Institute will become the site of a new Wawa convenience store. The new Wawa location will provide residents and travelers with convenient access to fuel, food, and quick stop shopping essentials.
Poe & Cronk Real Estate Group’s Stephen Pendergrass and Thom Hubard, CCIM, served as the exclusive brokers and facilitated the transaction on behalf of the seller.
About Poe & Cronk
Poe & Cronk is a locally owned and internationally recognized leading full-service commercial real estate company. The firm is comprised of a team of real estate professionals with more than 300 combined years of experience and more than $1.5B in real estate transaction knowledge in selling, leasing, and managing commercial, industrial, and investment real estate. In business for more than 30 years, Poe & Cronk provides commercial and investment real estate services throughout western Virginia.