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Prime Retail Location in Roanoke
For Lease
$19 SF/Yr

3536-3544 Electric Road, Roanoke, VA 24018

Excellent access and high visibility in established shopping center.

Space Size1,750 SF - 3,500 SF
Property Size35,975 SF
Days on Market149

Property Features for 3536-3544 Electric Road

General Information

Standard status Active
Size 1,750 SF - 3,500 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 35,975 SF
Year Built 1986

Spaces For Lease

at 3536-3544 Electric Road Contact us

Suite 3524 & 3526 $19/SF/Yr

Size
3,500 SF
Term
Negotiable
Contact us

Suite 3540 $19/SF/Yr

Size
1,750 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite 3570 $19/SF/Yr

Size
1,750 SF
Term
Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Rachele Hunley · License #0225071327
Source: Tcnworldwide
Added: Apr 15 Changed: Aug 31 Last Checked: Sep 10 at 6:52AM

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.

This retail location is situated in the heart of Southwest County. The property benefits from an outstanding tenant mix, excellent access, and high visibility, ensuring a consistent flow of customers. The traffic volume along Route 419 exceeds 30,000 vehicles per day. Recent renovations have been completed. This property is positioned as an excellent opportunity for businesses seeking a location within a well-established and successful center, offering premium foot traffic.

Key Highlights

  • Prime retail location in the heart of SW County.
  • High visibility and excellent access.
  • Outstanding tenant mix.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

726
Businesses Nearby

Demographics for 24018, VA

39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Roanoke, VA

$15.6 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
10,344 SF
Avg Space Size

This space is priced 22% above the average of $15.6 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Excellent access and high visibility in established shopping center.
Where is this retail space located?
The property is located at 3536-3544 Electric Road Roanoke, VA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Prime retail location in the heart of SW County.; High visibility and excellent access.; Outstanding tenant mix.
More about this property
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