Lakeside Plaza

161 Electric Road, Salem, VA 24153

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 87,784 SF
  • Date Updated Mar 27, 2026
  • Visibility/Traffic Count (VPD) 34,400

Description

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

2 Spaces Available

#00011

Space Type

Restaurant

Lease Rate

Contact for pricing

Total Space

2,450 SF

Divisible Space

2,450 - 2,450 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#00014

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

2,100 SF

Divisible Space

2,100 - 2,100 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Mark Porter

Phillips Edison & Company

Courtney Weikert

Phillips Edison & Company

Location

Contact Lakeside Plaza
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