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  1. Retail Space
  2. VA
  3. Salem

Lakeside Plaza

For Lease 2,100 SF

161 Electric Road, Salem, VA 24153

Kroger-anchored Lakeside Plaza offers retail space for lease in Salem, Virginia, at the busy intersection of U.S. 460 and State Route 419, located five miles west of the Roanoke Regional Airport and Valley View Mall. 

Vibrant shopping center anchored by Kroger, the dominant grocer in the market

Home to Roanoke College and the Salem Red Sox, the minor league affiliate of the Boston Red Sox

Busy intersection (34,400 ADT) at Main Street (U.S. 460) and Electric Road (State Route 419)

Over 51,600 people live within three miles with an average household income of over $79,000

Key national tenants include Subway and Great Clips; Outparcel tenants include Starbucks, AT&T and McDonald's

 

Located five miles west of the Roanoke Regional Airport and Valley View Mall

Rental Details

  • Number of spaces 1
  • Total square feet available 2,100 SF
  • For Lease Price on request
  • Space Type Retail
  • Latest Update Oct 8, 2026
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True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
#14 Retail Price on request 2,100 SF - -

#14

Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,100 SF

Divisible Space

2,100 - 2,100 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

Signage

Yes

Signage Options

Pylon

Visibility/Traffic Count (VPD)

34,400

#14

Space Type
Retail
Lease Rate
Price on request
Total Space
2,100 SF
Space Type

Retail

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

2,100 SF

Divisible Space

2,100 - 2,100 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Turnkey

No

Signage

Yes

Signage Options

Pylon

Visibility/Traffic Count (VPD)

34,400

Contacts

MP
Mark Porter

Phillips Edison & Company

CW
Courtney Weikert

Phillips Edison & Company

Building Details

  • For Lease Price on request
  • Property Type Retail
  • Property Size 87,784 SF
  • Additional Rent Price on request
  • Date Updated Oct 8, 2026
  • Visibility/Traffic Count (VPD) 34,400

Location

  • City Salem, VA
  • Zip Code 24153
  • Market Richmond Tidewater
  • Map
  • Street
  • Walk score 54/100 Somewhat Walkable
  • Bike score 29/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Kroger

0.11 miles

Speedway

1.23 miles

Pure Oil

1.45 miles

Shell

1.83 miles

Sheetz

1.92 miles

Exxon

2.15 miles

BP

2.30 miles

Liberty

2.37 miles

Mobil

2.39 miles

Kroger Fuel

2.72 miles

Hanging Garden Trail Parking South

0.55 miles

Mason Creek Greenway Parking

1.33 miles

Faculty/Staff/Commuter Parking

1.34 miles

Faculty/Staff Parking

1.38 miles

Admissions Guest Parking

1.42 miles

Parking Lot Y

1.56 miles

Parking Lot Z

1.57 miles

Kroger

0.06 miles

Food Lion

1.63 miles

Roanoke Grocery Market

1.65 miles

More Supermarket

1.92 miles

The Dilly Dally

2.07 miles

Burlington

2.71 miles

Big Lots

2.74 miles

Food Giant

2.98 miles

Walmart Supercenter

3.37 miles

Roanoke Natural Foods Co-op

3.52 miles

Listing Summary

  • Retail Space Available

    The property exclusively contains Retail space totaling 2,100 square feet.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
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