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Retail Space in High-Traffic Area
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631-635 Peters Creek Rd NW, Roanoke, VA

Retail space with high visibility and strong residential base.

Space Size1,400 SF - 1,750 SF
Lot Size1.61 Acres
Days on Market280

Property Features for 631-635 Peters Creek Rd NW

General Information

Standard status Active
Size 1,400 SF - 1,750 SF
Lot size 1.61 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 631-635 Peters Creek Rd NW Contact us

Creekside Center $12/SF/Yr

Floor
1
Size
1,400 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- The property enjoys high visibility. - The retail strip is centrally located to...
show more
Contact us

Creekside Center $12/SF/Yr

Floor
1
Size
1,750 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
• The property enjoys high visibility. • The retail strip is centrally located...
show more
Contact us
Listing Agency: Waldvogel Commercial Properties
Listed By: Michael Waldvogel
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 30 at 11:05PM

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 Waldvogel Commercial Properties

Investment Insights

Based on property information with market context.

This retail space is situated in a centrally located retail strip between Salem and Roanoke. The property benefits from high visibility and a strong residential neighborhood base. Approximately 33,000 vehicles pass through the intersection daily. The property offers 1,750 square feet of retail space and is suitable for various retail purposes.

Key Highlights

  • High visibility location.
  • 33,000 vehicles per day pass through the intersection.
  • Centrally located to Salem and Roanoke.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Auto Parts 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

251
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space with high visibility and strong residential base.
Where is this strip mall located?
The property is located at 631-635 Peters Creek Rd NW Roanoke, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High visibility location.; 33,000 vehicles per day pass through the intersection.; Centrally located to Salem and Roanoke.
(540) 342-8599 Call to check price and availability
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