Renovated Office Building with
For Lease
$18.50 SF/Yr
30 Franklin Rd, Roanoke, VA 24011
Nine-story office building with utilities included and adjacent parking.
Space Size912 SF - 1,611 SF
Property Size43,810 SF
Days on Market205
Property Features for 30 Franklin Rd
General Information
Standard status
Active
Size
912 SF - 1,611 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
43,810 SF
Year Built
1929
Spaces For Lease
at 30 Franklin Rd Contact us1st Fl, Ste 28 $18.50/SF/Yr
Size
1,190 SF
Type
Street Retail
Term
Negotiable
3rd Fl, Ste 301 $18.50/SF/Yr
Size
1,611 SF
Type
Office Building
Term
Negotiable
3rd Fl, Ste 302 $18.50/SF/Yr
Size
912 SF
Type
Office Building
Term
Negotiable
Listed By:
Michael Waldvogel, CCIM, SIOR · License #VA #0225079460
(540) 314-2741
Source:
Waldvogelcommercial
Added: Mar 26
Changed: Oct 6
Last Checked: Oct 14 at 8:43PM
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 Michael Waldvogel, CCIM, SIOR
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Investment Insights
Based on property information with market context.
The Professional Arts Building is a nine-story, fully renovated office building offering views in every direction. Adjacent parking is available. The rental rate includes utilities and janitorial service. Each office suite has individually controlled HVAC. The building is located in the Roanoke CBD, within walking distance to restaurants and entertainment in the City Market area, as well as the Hotel Roanoke and Conference Center.
Key Highlights
- Fully renovated office building with magnificent views
- Adjacent parking, a rare find downtown
- Rental includes utilities and janitorial service
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 24011, VA
908
Population
645
Households
1.4
Avg Household Size
32
Median Age
83%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
4,540
Density / Sq Mi
$55,882
Median Household Income
$50,599
Median Earnings
$1,091
Median Rent
$839,300
Median Home Value
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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 22% above 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 - Nine-story office building with utilities included and adjacent parking.
Where is this office building located?
The property is located at 30 Franklin Rd Roanoke, VA.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Fully renovated office building with magnificent views; Adjacent parking, a rare find downtown; Rental includes utilities and janitorial service
