Lakeside Plaza
161 Electric Road, Salem, VA 24153
4,550
SF AvailableKroger-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 2
- Total square feet available 4,550 SF
- For Lease Contact for pricing
- Space Types Restaurant, Retail
- Date Updated Mar 27, 2026
Reach out to the broker for more info on lease terms and amenities
True
For Lease 2 Spaces Available
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Contacts
Phillips Edison & Company
Phillips Edison & Company
Building Details
- For Lease Contact for pricing
- Property Type Retail
- Property Size 87,784 SF
- Date Updated Mar 27, 2026
- Visibility/Traffic Count (VPD) 34,400
Getting Around
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Walk Score ®
Somewhat Walkable (54) -
Bike Score ®
Somewhat Bikeable (29)
Location
- City Salem, VA
- Zip Code 24153
- Market Richmond Tidewater
Points of Interest
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
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
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
161 Electric Road Listing Summary
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The Price for Retail Space at 161 Electric Road
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.
Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 161 Electric Road
161 Electric Road has a total of 4,550 square feet of retail space for rent. However, it should be noted that retail spaces come in different shapes and sizes, with different types of spaces serving the needs of different businesses. Out of the total retail space at this address, 2,450 square feet are Restaurant.
161 Electric Road also has 1 Retail space(s), which represents a total of 2,100 square feet.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 2 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 161 Electric Road, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.