Listing Agency: Poe & Cronk Real Estate Group t***@poecronk.com Show Phone

Listed By: Thom Hubard · License ##0225020834

Source: Moodyscre

Added: Jan 3, 2022 Changed: Jul 25 Last Checked: Jul 30 at 9:23AM

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Investment Insights

Based on property information with market context.

This office space is available for lease. Tenant is responsible for all utilities.

The property is located at 25 Franklin Rd SW in Roanoke, Virginia.

The listed size is 3,141 square feet.

Key Highlights

• Office suite for lease with $2,617.50/month rent
• Tenant pays all utilities

Property Analytics

Current Use

Yugo Collins, PLLC Law Firm

Suggested Use

Top Pick Pharmacy Nail Salon Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Wine and Liquor Store

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

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,303

Businesses Nearby

Explore this area Business Placement

Demographics for 24011, VA

908

Population

645

Households

1.4

Avg Household Size

32

Median Age

83%

College-Educated

99%

High-School Grad

0.2 sq mi

ZIP Area

4,540

Density / Sq Mi

$55,882

Median Household Income

$50,599

Median Earnings

$1,091

Median Rent

$839,300

Median Home Value

Market

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?

Office units - Office suite available for lease with tenant paying all utilities.

Where is this office units located?

The property is located at 25 Franklin Rd SW Roanoke, VA.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Office suite for lease with $2,617.50/month rent; Tenant pays all utilities