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Shell Retail Space

2383 Roanoke Boulevard, Salem, VA 24153

For Lease
$14 SF/Yr

Flexible shell condition supports customized interiors for qualified tenants.

Space Size1,500 SF
Property Size9,000 SF
Days on Market93

Property Features for 2383 Roanoke Boulevard

General Information

Standard status Active
Size 1,500 SF
Net Rentable 9,000 SF
Property subtype Retail - Street Retail

Space & Availability

Available Space 9,000 SF
Contiguous Space 9,000 SF

Building Details

Building Size 9,000 SF

Spaces For Lease

at 2383 Roanoke Boulevard Contact us

Suite 1 $14 – $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 2 $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 3 $14 – $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 4 $14 – $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 5 $14 – $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 6 $14 – $18/SF/Yr

Size 1,500 SF
Type Retail
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Evan Zachmann
Source: Commercialcafe
Added: Aug 10 Changed: Nov 4 Last Checked: Nov 10 at 5:32AM

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 Poe & Cronk Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 9,000-square-foot retail building is offered in shell condition, giving qualified tenants an unfinished interior for customized build-out. Tenant improvement allowances are available, and ownership has plans to update the building façade and improve its exterior presentation.

The property is located at 2383 Roanoke Boulevard in Salem, across from the Salem Veteran Affairs Medical Center. Access to Electric Road, also identified as Route 419, and Peters Creek Road places the building near two established road connections. The space is positioned for retail concepts including food and beverage, boutique shops, and experiential uses.

Key Highlights

  • 9,000‑square‑foot retail building
  • Shell condition provides an unfinished interior for tenant customization
  • Tenant improvement allowances available for qualified tenants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

DAV Roanoke Valley ... Bar & Pub DAV Thrift Store Discount Store

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Nail Salon Auto Parts 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 24153, VA

38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Retail space in Salem County, VA

$14.99 Jul
$14.83 Aug
$14.88 Sep
$14.28 Oct

Properties on Market for Retail space in Salem County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible shell condition supports customized interiors for qualified tenants.
Where is this retail space located?
The property is located at 2383 Roanoke Boulevard Salem, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 9,000‑square‑foot retail building; Shell condition provides an unfinished interior for tenant customization; Tenant improvement allowances available for qualified tenants
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