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Food Lion Anchored Retail Center
For Lease
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2022 Electric Rd, Roanoke, VA 24018

Retail spaces for lease in Food Lion anchored shopping center.

Space Size2,500 SF - 14,935 SF
Property Size80,163 SF
Days on Market1191

Property Features for 2022 Electric Rd

General Information

Standard status Active
Size 2,500 SF - 14,935 SF
Property subtype Retail

Building Details

Building Size 80,163 SF
Tenancy Multiple

Spaces For Lease

at 2022 Electric Rd Contact us

Outparcel

Size
2,500 SF
Type
Retail
Availability
Active
Contact us

Suite 160

Size
11,345 SF
Type
Retail
Availability
Active
Contact us

Suite 160-170

Size
14,935 SF
Type
Retail
Availability
Active
Contact us

Suite 170

Size
3,590 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Johnson Kelley CRE
Listed By: Jessica Johnson Kelley · License #VA0225183030
Source: Crexi
Added: Jun 3, 2023 Changed: Aug 14 Last Checked: Aug 30 at 5:27PM

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 Johnson Kelley CRE

Investment Insights

Based on property information with market context.

This retail property is located in a shopping center anchored by Food Lion. The center benefits from an excellent trade area and desirable demographics. A junior anchor space is available for lease. There is also an outparcel opportunity for a build-to-suit project. The property has good visibility and access from Electric Road (Rt 419). The location is in close proximity to large residential areas.

Key Highlights

  • Food Lion anchored shopping center.
  • Excellent trade area with desirable demographics.
  • Great visibility and access from Electric Road (Rt 419).

Property Analytics

Current Use

Great Clips Hair Salon

Suggested Use

Top Pick Hair Salon Auto Repair Shop HVAC Service Spa & Massage Center Kitchen & Bath Showroom 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Southwest Plaza Shopping Ctr 2004 Electric Rd SW, Roanoke, VA 24018
  • Oak grove shopping center 2001 Electric Rd, Cave Spring, VA 24018
  • Sassy Shopper 2067 Electric Rd, Roanoke, VA 24018
  • Coinstar Kiosk | Bitcoin ATM Food Lion, 4933 Grandin Rd SW, Roanoke, VA 24018

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces for lease in Food Lion anchored shopping center.
Where is this shopping center located?
The property is located at 2022 Electric Rd Roanoke, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Food Lion anchored shopping center.; Excellent trade area with desirable demographics.; Great visibility and access from Electric Road (Rt 419).
More about this property
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