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Premium Office Space Available
For Lease
$15 SF/Yr

5251 Concourse Dr, Roanoke, VA 24019

Premium office space for lease in Roanoke Valley.

Space Size6,150 SF
Property Size19,680 SF
Days on Market317

Property Features for 5251 Concourse Dr

General Information

Standard status Active
Size 6,150 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 19,680 SF

Spaces For Lease

at 5251 Concourse Dr
Suite 1 $15/SF/Yr
Size 6,150 SF
Term Negotiable
Contact us
Listed By: Stephen Pendergrass, SIOR, CCIM
Source: Poecronk
Added: Nov 24, 2025 Changed: Oct 2 Last Checked: Oct 5 at 5:18PM

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 Stephen Pendergrass, SIOR, CCIM

Investment Insights

Based on property information with market context.

The property at 5251 S Concourse Dr. features two suites immediately available for lease, perfectly suited for professional office use. Suite 2A measures 2,099 RSF, and Suite 2B measures 2,815 square feet, for a combined 4,914 square feet of premium office space. The park at Valleypointe offers premium professional office space in the heart of the commercial center of the Roanoke Valley. The location provides convenient access to major thoroughfares I-581 and I-81, the regional airport, and other local amenities including Roanoke Regional Airport, Valley View Mall, and downtown Roanoke.

Key Highlights

  • Premium professional office space in the heart of the commercial center of the Roanoke Valley.
  • Immediate availability of two suites: Suite 2A (2,099 RSF) and Suite 2B (2,815 sq. ft.), or a combined 4,914 sq. ft.
  • Convenient access to major thoroughfares I‑581 & I‑81.

Property Analytics

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Current Use

W.M. Jordan Company Construction Company Pike Electric Inc Electrical Service Angela Bedwell Pediatrician GSI Commerce Inc Business Management Consultant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 24019, VA

27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Roanoke, VA

$13.96 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
4,294 SF
Avg Space Size

This space is priced 7% above the average of $13.96 /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
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Frequently Asked Questions

What type of property is this?
Office units - Premium office space for lease in Roanoke Valley.
Where is this office units located?
The property is located at 5251 Concourse Dr Roanoke, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Premium professional office space in the heart of the commercial center of the Roanoke Valley.; Immediate availability of two suites: Suite 2A (2,099 RSF) and Suite 2B (2,815 sq. ft.), or a combined 4,914 sq. ft.; Convenient access to major thoroughfares I‑581 & I‑81.
More about this property
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