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Renovated Office Building with Views
For Lease
$18.50 SF/Yr

30 Franklin Rd, Roanoke, VA 24011

Nine-story office building with utilities included and adjacent parking.

Space Size660 SF - 1,611 SF
Property Size43,810 SF
Days on Market158

Property Features for 30 Franklin Rd

General Information

Standard status Active
Size 660 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 us

1st Fl, Ste 28 $18.50/SF/Yr

Size
1,190 SF
Type
Street Retail
Term
Negotiable
Contact us

2nd Fl, Ste 202 $18.50/SF/Yr

Size
660 SF
Type
Office Building
Term
Negotiable
Contact us

3rd Fl, Ste 301 $18.50/SF/Yr

Size
1,611 SF
Type
Office Building
Term
Negotiable
Contact us

3rd Fl, Ste 302 $18.50/SF/Yr

Size
912 SF
Type
Office Building
Term
Negotiable
Contact us

6th Fl, Ste 600 $18.50/SF/Yr

Size
1,250 SF
Type
Office Building
Term
Negotiable
Contact us

6th Fl, Ste 602 $18.50/SF/Yr

Size
1,450 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Waldvogel Commercial Properties
Listed By: Michael Waldvogel, CCIM, SIOR · License #VA #0225079460
Source: Waldvogelcommercial
Added: Mar 26 Changed: Aug 26 Last Checked: Aug 30 at 3:36PM

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 Waldvogel Commercial Properties

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

Current Use

Roanoke Criminal Attorneys Law Firm Daniel F Layman ... Law Firm Eugene M. Elliott, ... Law Firm Black Mark A - Brumberg ... Law Firm Hixson Heath A Law Firm

Suggested Use

Top Pick Pharmacy Nail Salon Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Wine and Liquor 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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,171
Businesses Nearby

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

Market

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
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Questions? Ask Rey
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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
More about this property
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