Redeveloped Shopping Center with Junior
For Lease
Contact for pricing
1355 W Main St, Salem, VA 24153
Redeveloped shopping center offering a remaining junior anchor position and small shop space on a major Salem corridor.
Space Size2,800 SF - 25,804 SF
Days on Market506
Property Features for 1355 W Main St
General Information
Standard status
Active
Size
2,800 SF - 25,804 SF
Net Rentable
2,800 SF
Property subtype
RETAIL
Space & Availability
Available Space
2,800-25,804 SF
Contiguous Space
25,804 SF
Space Use
Retail
Site & Location
Anchor Co-Tenants
Tractor Supply, Planet Fitness, American Freight Furniture
Traffic Count
26,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Divaris Real Estate - Roanoke
(540) 520-1518
Listed By:
Sam McCoy · License #WVB190300572
Source:
Moodyscre
Added: Mar 18, 2025
Changed: Jul 30
Last Checked: Aug 5 at 11:07AM
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 Divaris Real Estate - Roanoke
Investment Insights
Based on property information with market context.
Redeveloped K-Mart Center in Salem offers one remaining junior anchor position plus a selection of small shop availabilities. Available space includes 2,800 SF for a small shop and 25,804 SF in an anchor-sized footprint.
The center is located in the major shopping corridor of the Salem market within the Roanoke, VA metro area. Traffic count for the site is over 26,000 VPD at the intersection of West Main St. and Spartan Drive, supporting strong day-to-day visibility. The tenant mix includes Tractor Supply, Planet Fitness, and American Freight Furniture, along with nearby anchors such as Kroger, Wal-Mart, and Lowe's Home Improvement.
Points of interest in the area include Roanoke College and Salem Veterans Administration Hospital.
The center is located in the major shopping corridor of the Salem market within the Roanoke, VA metro area. Traffic count for the site is over 26,000 VPD at the intersection of West Main St. and Spartan Drive, supporting strong day-to-day visibility. The tenant mix includes Tractor Supply, Planet Fitness, and American Freight Furniture, along with nearby anchors such as Kroger, Wal-Mart, and Lowe's Home Improvement.
Points of interest in the area include Roanoke College and Salem Veterans Administration Hospital.
Key Highlights
- Over 26,000 VPD at the intersection of West Main St. and Spartan Drive
- Redeveloped K‑Mart Center with one remaining junior anchor position
- Available 2,800 SF small shop space
Property Analytics
Current Use
Lease Details
26,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 24153, VA
38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Redeveloped shopping center offering a remaining junior anchor position and small shop space on a major Salem corridor.
Where is this shopping center located?
The property is located at 1355 W Main St Salem, VA.
What are key features of this property?
This property features: Over 26,000 VPD at the intersection of West Main St. and Spartan Drive; Redeveloped K‑Mart Center with one remaining junior anchor position; Available 2,800 SF small shop space
