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1930 Electric Rd Roanoke, VA 24018

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For Sale
$2,775,000

NNN leased Dental Care Alliance investment property in Roanoke, Virginia.

Property size:
7,770 SF
Lot size:
0.63 Acres

Property Features for 1930 Electric Rd

General Information

Size
7,770 SF
Lot size
0.63 Acres

Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Roanoke, Virginia NNN Investment Property

This property is an investment opportunity featuring a Dental Care Alliance tenant in Roanoke, Virginia. The tenant has over 4 years remaining on their lease, with one 5-year and one 3-year option to extend. The lease structure is NNN, with minimal landlord responsibilities. The lease includes 3% annual rental increases throughout the initial term and at the beginning of each option period. The property size is 7770 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Cross, Lavinder, Quinn ... Dentist Lavinder Lisa C ... Dentist Drs. Coots, Ward, ... Dentist Cross Griffin a DDS Dentist Scott Ward, DDS Dentist

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Salem
State
Virginia
Longitude
-80.0335522
Latitude
37.2480665

FAQs

What type of property is this?
Retail space - NNN leased Dental Care Alliance investment property in Roanoke, Virginia.
Where is this retail space located?
The property is located at 1930 Electric Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $2,775,000.
What are key features of this property?
This property features: - NNN Lease Structure: Minimal landlord responsibilities.; - Rental Increases: Benefit from 3% annual rental increases.; - Tenant Commitment: Dental Care Alliance demonstrates commitment with over 4 years remaining on the lease.
More about this property
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