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Warehouse and Office Space Available
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2240 Shenandoah Ave NW, Roanoke, VA 24017

Warehouse and office space with easy access to I-581.

Space Size25,050 SF
Days on Market1348

Property Features for 2240 Shenandoah Ave NW

General Information

Standard status Active
Size 25,050 SF
Property subtype INDUSTRIAL
Lease Type Modified Gross

Spaces For Lease

at 2240 Shenandoah Ave NW Contact us

2240 Shenandoah Ave $1.95/SF/Mo

Floor
1
Size
25,050 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 2240 shenandoah offers 25,050sf of sprinkled warehouse/distribution space on the...
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Listing Agency: Poe & Cronk Real Estate Group
Listed By: Stephen Pendergrass · License #0225210868
Source: Moodyscre
Added: Jan 3, 2023 Changed: Sep 8 Last Checked: Sep 12 at 7:38AM

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.

The property at 2240 Shenandoah Avenue NW offers 25,050 square feet of sprinkled warehouse/distribution space on the ground level, complemented by 7,500 square feet of office space on the second level. The office space is in shell condition and features an interior surrounded by new windows, providing panoramic views and an abundance of natural light. The landlord is willing to finish the office space to tenant specifications. The property features dock height doors, ample parking, and a central location, with easy access to I-581 and the surrounding area. The warehouse rate is $1.95 per square foot on a modified gross lease; the office rate is negotiable depending upon lease terms.

Key Highlights

  • Easy access to I‑581
  • 25,050 SF of sprinkled warehouse/distribution space**
  • 7,500 SF of office space customizable to tenant specifications**

Property Analytics

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Current Use

Stage Sound Inc. IT Consulting Firm Girls Rock Roanoke Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
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

$10.81 /SF/Yr
Avg Asking Price
$9.75–$13.5 /SF/Yr
Price Range
22,938 SF
Avg Space Size

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?
Warehouse - Warehouse and office space with easy access to I-581.
Where is this warehouse located?
The property is located at 2240 Shenandoah Ave NW Roanoke, VA.
What are key features of this property?
This property features: Easy access to I‑581; 25,050 SF of sprinkled warehouse/distribution space**; 7,500 SF of office space customizable to tenant specifications**
(540) 855-3655 Call to check price and availability
More about this property
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