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Grocery-Anchored Shopping Center
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2243 Franklin Rd Suite A, Roanoke, VA 24014

Retail center with a restaurant end cap, signalized access, multiple entrances, and on-site parking.

Space Size3,449 SF
Property Size31,073 SF
Days on Market93

Property Features for 2243 Franklin Rd Suite A

General Information

Standard status Active
Size 3,449 SF
Net Rentable 3,500 SF
Property subtype Retail

Space & Availability

Available Space 3,500 SF
Contiguous Space 3,500 SF
Space Use Restaurant

Site & Location

End Cap Yes
Anchor Co-Tenants Earth Fare, Mellow Mushroom, First Watch, Walgreen's
Highway Access Yes
Road Access Yes

Amenities

signalized entrance
five entrance and exit points
signalized intersection

Building Details

Building Size 31,073 SF
Tenancy Multi

Spaces For Lease

at 2243 Franklin Rd Suite A Contact us

Suite B

Size
3,449 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Sam McCoy
Source: Divaris
Added: Jun 1 Changed: Aug 31 Last Checked: Aug 31 at 3:30PM

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 Sam McCoy

Investment Insights

Based on property information with market context.

Ivy Market is a 31,073-square-foot shopping center anchored by Earth Fare. The property includes a 3,500-square-foot end-cap restaurant space, ample on-site parking, five entrance and exit points, and a signalized primary entrance.

The center fronts Franklin Road SW and benefits from visibility along I-581 Highway. Access is also provided through the Wonju Street interchange. Reported daily traffic counts are 66,000 vehicles on I-581, 14,000 on Wonju Street, and 11,000 along Franklin Road SW.

Nearby retailers include Mellow Mushroom, First Watch, and Walgreens. The property is located at 2243 Franklin Rd Suite A in Roanoke, Virginia.

Key Highlights

  • 31,073‑square‑foot shopping center anchored by Earth Fare
  • 3,500 SF end‑cap restaurant space
  • 66,000 vehicles daily along I‑581 Highway

Property Analytics

Current Use

First Watch Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Furniture & Home Goods Plumbing Service Kitchen & Bath Showroom

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,115
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24014, VA

16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
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
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Similar Off Market Nearby

  • Ivy Market Shopping Center 2203 Franklin Rd SW #1, Roanoke, VA 24014
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with a restaurant end cap, signalized access, multiple entrances, and on-site parking.
Where is this shopping center located?
The property is located at 2243 Franklin Rd Suite A Roanoke, VA.
What are key features of this property?
This property features: 31,073‑square‑foot shopping center anchored by Earth Fare; 3,500 SF end‑cap restaurant space; 66,000 vehicles daily along I‑581 Highway
More about this property
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