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Retail Space Near Grocery Anchor
New
For Lease
$9 SF/Yr

2845 Hershberger Rd NW, Roanoke, VA 24017

Newly planned retail suites offer flexible neighborhood-serving space within an established shopping center environment.

Space Size1,200 SF - 7,921 SF
Property Size82,194 SF
Days on Market2

Property Features for 2845 Hershberger Rd NW

General Information

Standard status Active
Size 1,200 SF - 7,921 SF
Net Rentable 1,200 SF
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 1,200-7,921 SF
Contiguous Space 7,921 SF

Site & Location

Anchor Co-Tenants Food Lion, Big Lots
Traffic Count 23,000 vehicles/day
Highway Access Yes

Building Details

Building Size 82,194 SF
Year Built 1976
Tenancy Multi

Spaces For Lease

at 2845 Hershberger Rd NW Contact us

Mid Size Storefront $9/SF/Yr

Size
7,921 SF
Term
Negotiable
Contact us

Suite 1 $27/SF/Yr

Size
1,200 SF
Type
Strip Center
Term
Negotiable
Contact us

Suite 2 $27/SF/Yr

Size
1,200 SF
Term
Negotiable
Contact us

Suite 3 $27/SF/Yr

Size
1,200 SF
Term
Negotiable
Contact us

Suite 4 $27/SF/Yr

Size
1,200 SF
Term
Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Will Henritze · License #0225271658
Source: Poecronk
Added: Sep 1 Last Checked: Sep 1 at 9:19PM

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

Investment Insights

Based on property information with market context.

The property offers four planned 1,200-square-foot retail suites, each available separately or in combination, along with a 7,921-square-foot space located between the planned Food Lion and existing Big Lots. The suite configuration supports a range of neighborhood-oriented commercial uses, including service, restaurant, medical, and specialty retail concepts.

Tenants will have shared access and established surface parking within an operating retail setting. The site benefits from immediate access to I-581 and a reported traffic volume exceeding 23,000 vehicles per day. Food Lion is planned as an additional grocery anchor, complementing the existing Big Lots presence and adding to the center’s daily-needs retail mix.

Key Highlights

  • Four planned 1,200 SF retail suites available individually or in combination
  • Additional 7,921 SF space positioned between planned Food Lion and existing Big Lots
  • Planned Food Lion grocery anchor with existing Big Lots co‑anchor

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Dental Office 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

23,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly planned retail suites offer flexible neighborhood-serving space within an established shopping center environment.
Where is this retail space located?
The property is located at 2845 Hershberger Rd NW Roanoke, VA.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Four planned 1,200 SF retail suites available individually or in combination; Additional 7,921 SF space positioned between planned Food Lion and existing Big Lots; Planned Food Lion grocery anchor with existing Big Lots co‑anchor
More about this property
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