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Office Building with Open and Private Workspace
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5060 Valley View Blvd Nw, Roanoke, VA 24012

Office building offering open and private workspace with ample parking for professional and medical tenant use.

Space Size20,351 SF
Days on Market1014

Property Features for 5060 Valley View Blvd Nw

General Information

Standard status Active
Size 20,351 SF
Property subtype OFFICE

Additional Details

Space Use Office
Highway Access Yes

Spaces For Lease

at 5060 Valley View Blvd Nw Contact us

5060 Valley View Blvd Nw $14/SF/Yr

Floor
Bldg
Size
20,351 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Prime office building located on Valley View Blvd within walking distance to Valley...
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Listing Agency: Hall Associates, Inc
Listed By: Frank Martin · License #0225211483
Source: Moodyscre
Added: Dec 5, 2023 Changed: Sep 11 Last Checked: Sep 14 at 9:14AM

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 Hall Associates, Inc

Investment Insights

Based on property information with market context.

This office building provides a mix of open and private workspace, designed to support professional office users. The layout also includes ample parking, which can help accommodate both staff and visitors.

Located on Valley View Blvd NW in Roanoke, the building is within walking distance to Valley View Mall, the region’s largest shopping mall. The property also offers convenient access to I-581 and is close to the Roanoke-Blacksburg Regional Airport.

The building’s configuration is positioned for medical, dental, or other professional office use. It is available as a for-rent office building.

Key Highlights

  • 20,351 SF office building with open and private workspace
  • Ample parking for staff and visitors
  • Within walking distance to Valley View Mall

Property Analytics

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Current Use

David Donahue Physician Mrs. Angela Martin Physician Sabrina Lynn Royall Physician Renee Nauful Physician New Horizons Healthcare Community Health Centre

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Skin Care Clinic Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Roanoke, VA

$15.2 /SF/Yr
Avg Asking Price
$13.5–$18.5 /SF/Yr
Price Range
20,634 SF
Avg Space Size

This space is priced 8% below the average of $15.2 /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?
Office building - Office building offering open and private workspace with ample parking for professional and medical tenant use.
Where is this office building located?
The property is located at 5060 Valley View Blvd Nw Roanoke, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 20,351 SF office building with open and private workspace; Ample parking for staff and visitors; Within walking distance to Valley View Mall
(540) 761-4227 Call to check price and availability
More about this property
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