Listing Agency: Hall Associates, Inc Show Phone

Listed By: Chris Nelson Show Phone

Source: Moodyscre

Added: Oct 25, 2023 Changed: Sep 9 Last Checked: Sep 10 at 12:26PM

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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 Hall Associates, Inc

Investment Insights

Based on property information with market context.

This is a retail center encompassing approximately 52,700 square feet. The property is well maintained and benefits from a high-traffic corridor location. A new video security system was installed in 2023. The center includes three national tenants, with many others in close proximity. Please note that the Wells Fargo out parcel is not included in the sale.

Key Highlights

• High‑traffic corridor location
• Approximately 52,700 sq. ft. retail center
• Well maintained

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Storage Facility

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

Location Intelligence

Trade Area within ½ mile

276

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - 52,700 SF retail center in high-traffic corridor.

Where is this shopping center located?

The property is located at 3412-3436 Orange Ave NE Roanoke, VA.

What is the asking price?

The asking price for this property is $7,325,000.

What are key features of this property?

This property features: High‑traffic corridor location; Approximately 52,700 sq. ft. retail center; Well maintained