Listing Agency: SRS Real Estate Partners McLean

Listed By: Andrew Fallon · License #VA 0225193951 Show Phone

Source: Crexi

Added: Nov 25, 2025 Changed: Sep 8 Last Checked: Sep 9 at 8:13AM

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Investment Insights

Based on property information with market context.

This property is an investment opportunity featuring a Dental Care Alliance tenant in Roanoke, Virginia. The tenant has over 4 years remaining on their lease, with one 5-year and one 3-year option to extend. The lease structure is NNN, with minimal landlord responsibilities. The lease includes 3% annual rental increases throughout the initial term and at the beginning of each option period. The property size is 7770 square feet.

Key Highlights

• NNN Lease Structure: Minimal landlord responsibilities.
• Rental Increases: Benefit from 3% annual rental increases.
• Tenant Commitment: Dental Care Alliance demonstrates commitment with over 4 years remaining on the lease.

Property Analytics

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Current Use

Cross, Lavinder, Quinn ... Dental Office Lavinder Lisa C ... Dental Office Drs. Coots, Ward, ... Dental Office Cross Griffin a DDS Dental Office Scott Ward, DDS Dental Office

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Auto Repair Shop Restaurant Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

379

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - NNN leased Dental Care Alliance investment property in Roanoke, Virginia.

Where is this retail space located?

The property is located at 1930 Electric Rd SW Roanoke, VA.

What are key features of this property?

This property features: NNN Lease Structure: Minimal landlord responsibilities.; Rental Increases: Benefit from 3% annual rental increases.; Tenant Commitment: Dental Care Alliance demonstrates commitment with over 4 years remaining on the lease.