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Downtown Office Space For Rent
For Lease
$16.75 SF/Yr

105 Franklin Rd SW, Roanoke, VA 24011

Office space with parking and updated common areas available now.

Space Size1,956 SF - 11,519 SF
Property Size44,541 SF
Days on Market272

Property Features for 105 Franklin Rd SW

General Information

Standard status Active
Size 1,956 SF - 11,519 SF
Class B
Property subtype Office
Lease Term Full Service

Building Details

Building Size 44,541 SF
Year Built 1961

Spaces For Lease

at 105 Franklin Rd SW Contact us

Entire First Floor $16.75/SF/Yr

Size
11,519 SF
Term
Negotiable
Contact us

Lower Level $16.75/SF/Yr

Size
5,160 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 100 $16.75/SF/Yr

Size
6,865 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 101 $16.75/SF/Yr

Size
2,697 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 102 $16.75/SF/Yr

Size
1,956 SF
Term
Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Matt Huff, CCIM, SIOR · License #0225193464
Source: Poecronk
Added: Nov 24, 2025 Changed: Aug 23 Last Checked: Aug 22 at 12:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Poe & Cronk Real Estate Group

Investment Insights

Based on property information with market context.

This office space is located in a highly visible corner location with easy access from downtown and I-581. The Thomas B. Mason building features modern, updated common areas. The building includes an internal parking garage as well as a surface parking lot. Excellent security features are in place. Tenant upfits are available. The building is currently occupied by multiple federal government professional offices. Several square footage options are available.

Key Highlights

  • Highly visible corner location with easy access from downtown or I‑581.
  • Internal parking garage and surface parking, a rarity downtown.
  • Modern updated common areas.

Property Analytics

Current Use

US Drug Enforcement ... Justice Department US Secret Services Federal Government Office

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Pharmacy Nail Salon Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.51 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,225
Businesses Nearby

Demographics for 24011, VA

908
Population
645
Households
1.4
Avg Household Size
32
Median Age
83%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
4,540
Density / Sq Mi
$55,882
Median Household Income
$50,599
Median Earnings
$1,091
Median Rent
$839,300
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$12.96 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,466 SF
Avg Space Size

This space is priced 29% above the average of $12.96 /SF/Yr.

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with parking and updated common areas available now.
Where is this office units located?
The property is located at 105 Franklin Rd SW Roanoke, VA.
What is the lease rate?
The lease rate is $16.75 SF/Yr.
What are key features of this property?
This property features: Highly visible corner location with easy access from downtown or I‑581.; Internal parking garage and surface parking, a rarity downtown.; Modern updated common areas.
More about this property
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