NNN Retail
For Sale
$1,992,950
1626 Orange AVE NW, Roanoke, VA 24017
A Family Dollar tenant occupies the property under a lease with automatic five-year extensions.
Property SizeContact for details
Days on Market47
Property Features for 1626 Orange AVE NW
General Information
Standard status
Active
Property subtype
COMMERCIAL
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$9,751
Building Details
Year Built
1960
Buildings
1
Tenancy
Single
Listing Agency:
MAC WESTLAND REAL ESTATE GROUP
Listed By:
Mac Westland
(540) 312-9202
Source:
Westlandsells
Added: Sep 18
Changed: Nov 3
Last Checked: Nov 3 at 8:59AM
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 MAC WESTLAND REAL ESTATE GROUP
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Investment Insights
Based on property information with market context.
The offering includes the land and building, which date to 1960. Family Dollar occupies the retail property under an NNN lease. Approximately 6 years remained on the lease when the listing was prepared, with automatic extensions in five-year increments. A 10% rent increase is scheduled for June 1, 2027.
Key Highlights
- Family Dollar is the current tenant
- NNN lease with approximately 6 years remaining at listing
- Automatic lease extensions in five‑year increments
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
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Business Placement
Demographics for 24017, VA
23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - A Family Dollar tenant occupies the property under a lease with automatic five-year extensions.
Where is this nnn property located?
The property is located at 1626 Orange AVE NW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,992,950.
What are key features of this property?
This property features: Family Dollar is the current tenant; NNN lease with approximately 6 years remaining at listing; Automatic lease extensions in five‑year increments
