Building Details

Tenancy Multi

Listing Agency: Cushman & Wakefield Thalhimer - Roanoke, Virginia Show Phone

Listed By: Price Gutshall · License #VA 0225214051

Source: Crexi

Added: Mar 3 Changed: Aug 10 Last Checked: Aug 20 at 1:54PM

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Investment Insights

Based on property information with market context.

This commercial real estate offering in Blacksburg, Virginia, presents an investment opportunity featuring NNN leases with a weighted average lease term (WALT) of 5.67 years. The property encompasses a total area of 19365 square feet and is suitable for commercial real estate purposes.

Key Highlights

• Investment opportunity
• NNN Leases
• WALT 5.67

Property Analytics

Property Profile

Current Use

University Physical Therapy Medical Clinic TRC COMPANIES INC General Contractor

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Electrical Service

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

759

Businesses Nearby

Explore this area Business Placement

Demographics for 24060, VA

46,755

Population

22,797

Households

2.1

Avg Household Size

28

Median Age

63%

College-Educated

98%

High-School Grad

130.8 sq mi

ZIP Area

357

Density / Sq Mi

$63,496

Median Household Income

$31,827

Median Earnings

$1,266

Median Rent

$412,300

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - NNN Leases, WALT 5.67, 19365 SF Available

Where is this nnn property located?

The property is located at 2200 S Main St Blacksburg, VA.

What are key features of this property?

This property features: Investment opportunity; NNN Leases; WALT 5.67