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First-Floor Medical Office Suite
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5304 Indian Grave Rd, Roanoke, VA 24018

First-floor office suite with high visibility, ample parking, and an emergency generator, across from Walmart and a public school.

Space Size2,350 SF
Days on Market864

Property Features for 5304 Indian Grave Rd

General Information

Standard status Active
Size 2,350 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Business Included No

Amenities

high visibility
emergency generator

Spaces For Lease

at 5304 Indian Grave Rd
Clearbrook Office Building $16/SF/Yr
Floor 1
Size 2,350 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- 1st floor office suite - High Visibility - Ample Parking - Perfect for Medical/Dental - Across the street from Walmart and public school - Emergency Generator
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Richard Wellford · License #0225077598
Source: Moodyscre
Added: May 27, 2024 Changed: Oct 6 Last Checked: Oct 5 at 8:33PM

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 first-floor office suite is well-suited for medical or dental use, offering a practical layout for day-to-day patient or client visits. The space is described as high visibility and includes an emergency generator.

The property is located across the street from Walmart and a public school, supporting convenient accessibility for visitors and staff. Ample parking is noted for tenant and guest use.

As a dedicated office unit within a commercial setting, this suite provides a straightforward option for professionals seeking an established medical/dental environment with emergency power support.

Key Highlights

  • 1st‑floor office suite
  • High‑visibility location
  • Ample parking

Property Analytics

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Open Analytics

Current Use

Stephen Couture, MD Physician LewisGale Physicians Internal ... Physician Jefferson Surgical Clinic ... Physician Edgar Weaver Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Hair Salon Restaurant Plumbing Service

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
Well-served
Demand for This Use

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

$14.4 /SF/Yr
Avg Asking Price
$11–$17 /SF/Yr
Price Range
6,604 SF
Avg Space Size

This space is priced 11% above the average of $14.4 /SF/Yr.

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?
Medical Office Space - First-floor office suite with high visibility, ample parking, and an emergency generator, across from Walmart and a public school.
Where is this medical office space located?
The property is located at 5304 Indian Grave Rd Roanoke, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1st‑floor office suite; High‑visibility location; Ample parking
(540) 855-3648 Call to check price and availability
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