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Commercial Building on 0.88 Acres
For Lease
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1021 Orange Ave - NE, Roanoke, VA

Commercial General zoned building with removed gasoline tanks.

Space Size5,590 SF
Lot Size0.88 Acres
Days on Market1210

Property Features for 1021 Orange Ave - NE

General Information

Standard status Active
Size 5,590 SF
Lot size 0.88 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 1021 Orange Ave - NE
1021 Orange Ave - NE $9.66/SF/Yr
Floor Bldg
Size 5,590 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- 0.88 acres with 5,590 sq ft building zoned cg - commercial general. Landlord will restore electric service to main electrical panel and restore water to the building. Landlord will repair and/or replace hvac system to working order. Gasoline tanks have been removed. - Restrictions: tenant is prohibited from selling petroleum products, including gasoline, on the property unless under the brand of shell, chevron, texaco, bp, exxon, amoco or mobil, or any non-discount successors to such brands resulting from their mergers or acquisitions if such brands are no longer available. Property is in the 100 year flood plain. - Property may be purchased for $1,300,000.
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Jim Bolling · License #0225025443
Source: Moodyscre
Added: Jul 7, 2023 Changed: Oct 25 Last Checked: Oct 26 at 3:12PM

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

Rey
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Investment Insights

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The property features a 5,590-square-foot building situated on 0.88 acres. It is zoned CG - Commercial General. The gasoline tanks have been removed. The landlord will restore electric service to the main electrical panel and water to the building. The landlord will repair and/or replace the HVAC system to working order. Restrictions: The tenant is prohibited from selling petroleum products, including gasoline, on the property unless under the brand of Shell, Chevron, Texaco, BP, Exxon, Amoco or Mobil, or any non-discount successors to such brands resulting from their mergers or acquisitions if such brands are no longer available. The property is in the 100-year flood plain.

Key Highlights

  • 0.88 Acre Commercial General (CG) Zoned Property
  • 5,590 sq ft Building
  • Landlord Will Restore Electric Service

Property Analytics

Current Use

Gas stations

Lease Details

NNN (Triple Net)
Lease Type
$1.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,954
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Gas station - Commercial General zoned building with removed gasoline tanks.
Where is this gas station located?
The property is located at 1021 Orange Ave - NE Roanoke, VA.
What is the lease rate?
The lease rate is $9.66 SF/Yr.
What are key features of this property?
This property features: 0.88 Acre Commercial General (CG) Zoned Property; 5,590 sq ft Building; Landlord Will Restore Electric Service
(540) 353-8889 Call to check price and availability
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