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3607 Williamson Rd Roanoke, VA 24012

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For Sale
$1,375,000

Retail space with a strong net lease in Roanoke, VA.

Property Features for 3607 Williamson Rd

General Information

Standard status
Active

Building Details

Year built
1960

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Listing Contact
John A Bowman
John A Bowman
Source: Exitrealty

Listing Agency: Old Dominion Realty Listing Agent: John A Bowman

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

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Overview

Retail Property on Williamson Road

The property is a retail space featuring a net lease to a major retailer. A new 5-year lease is in place, with two 5-year renewal options remaining. The landlord is responsible for the roof and HVAC expenses exceeding $2,500. The tenant reimburses for taxes and insurance. The property is located at the corner of Williamson Road and Oakland Boulevard in Roanoke, VA. The property is currently offered at a 7.75% CAP rate on net income.
Location Intelligence

Current Use by Public Records

Aaron's Rent To Own Furniture & Home Goods

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Salem
State
Virginia
Longitude
-79.9445872
Latitude
37.3038191

FAQs

What type of property is this?
Retail space - Retail space with a strong net lease in Roanoke, VA.
Where is this retail space located?
The property is located at 3607 Williamson Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: - Strong NN Lease to Major Retailer provides stable, reliable income.; - High 7.75% CAP Rate offers an attractive return on investment.; - New 5-year Lease in place ensures immediate income stream.
More about this property
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