Colonial Avenue Office Space
For Lease
Contact for pricing
2728 Colonial Ave SW, Roanoke, VA 24015
Office building for rent with utilities and janitorial included.
Space Size120 SF - 632 SF
Property Size24,685 SF
Days on Market1880
Property Features for 2728 Colonial Ave SW
General Information
Standard status
Active
Size
120 SF - 632 SF
Class
B
Property subtype
Office
Lease Type
Full Service
Building Details
Building Size
24,685 SF
Year Built
1950
Tenancy
Multiple
Spaces For Lease
at 2728 Colonial Ave SW Contact usSuite 2 Active
Size
437 SF
Suite 123 Active
Size
260 SF
Suite 103 Active
Size
632 SF
Suite 115 Active
Size
120 SF
Suite 15 Active
Size
304 SF
Suite 20 Active
Size
448 SF
Suites 104 & 106 Active
Size
458 SF
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Listing Agency:
MKB Commercial
Listed By:
Henry Scholz · License #VA 0225055191
(540) 989-4555
Source:
Crexi
Added: Aug 26, 2021
Changed: Oct 3
Last Checked: Oct 16 at 9:32AM
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 MKB Commercial
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Investment Insights
Based on property information with market context.
Located on Colonial Avenue, near the Colonial exit of Interstate 581, this office building is situated between Towers Shopping Center and Virginia Western College. The rental rate ranges from $14.95 to $17.95 per square foot, which includes utilities and janitorial service. A 10% common area factor is added to the usable square footage to determine the rentable square footage. The property features a large parking lot at the rear for tenants and an additional parking lot in front for guests.
Key Highlights
- Highly convenient location near Interstate 581, Towers Shopping Center, and Virginia Western College.
- Rental rate includes utilities and janitorial service.
- Ample parking available for both tenants and guests.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
Business Placement
Demographics for 24015, VA
15,973
Population
7,593
Households
2.1
Avg Household Size
40
Median Age
46%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
3,399
Density / Sq Mi
$69,840
Median Household Income
$46,638
Median Earnings
$884
Median Rent
$251,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Roanoke, VA
$15.2 /SF/Yr
Avg Asking Price
$13.5–$18.5 /SF/Yr
Price Range
22,518 SF
Avg Space Size
This space is priced 2% below the average of $15.2 /SF/Yr.
Vacancy Rate% for Office in Roanoke, VA
Frequently Asked Questions
What type of property is this?
Office building - Office building for rent with utilities and janitorial included.
Where is this office building located?
The property is located at 2728 Colonial Ave SW Roanoke, VA.
What is the lease rate?
The lease rate is $14.95 SF/Yr.
What are key features of this property?
This property features: Highly convenient location near Interstate 581, Towers Shopping Center, and Virginia Western College.; Rental rate includes utilities and janitorial service.; Ample parking available for both tenants and guests.
