3243 Electric Rd, Roanoke, VA 24018

Spaces For Lease

at 3243 Electric Rd

3243 Electric Rd $12/SF/Yr

Floor 1

Size 1,026 SF

Type OFFICE

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

- A quiet professional setting alongside of traffic counts that would make retailers blush. Our office suites come in various sizes to accommodate different types of professionals and/or medical providers (ADA entry ramp!). The existing suite sizes are customizable to your specific need. Don't lease more or less than you need! Dentists, attorney offices, psychologists, and personal service tenants all benefit from being smack in the middle of this neighborhood, one of Roanoke's most demographically affluent. The property recently has undergone exterior renovations to help you project the kind of professional image your patrons demand - and the kind typically found only in much more expensive offices.

Contact us

Listing Agency: Poe & Cronk Real Estate Group Show Phone

Listed By: Richard Wellford · License #VA 0225077598 Show Phone

Source: Moodyscre

Added: Feb 27, 2025 Changed: Oct 26 Last Checked: Nov 6 at 11:09AM

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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

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Investment Insights

Based on property information with market context.

This property offers professional office suites in a range of sizes designed to be customized to your needs. The setting includes ADA entry ramp access, supporting accessibility for patients, clients, and visitors. Suites are available for a variety of professional uses, and the property has undergone recent exterior renovations.

Located at 3243 Electric Rd in Roanoke, VA, the property is positioned near traffic counts that can support steady visibility for retail-style patron traffic while maintaining a professional environment.

Tenants can lease the space that fits their operational requirements, without being forced into larger or smaller footprints than necessary.

Key Highlights

• Professional office suites with ADA entry ramp
• Suite sizes are customizable to fit your specific needs
• Office suites offered in a quiet professional setting with strong traffic counts

Property Analytics

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

Open Analytics

Current Use

Martin Tim Tutoring Service Dr. James M. ... Physician

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Restaurant Daycare Center

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,065

Businesses Nearby

Explore this area Business Placement

Demographics for 24018, VA

39,144

Population

17,546

Households

2.2

Avg Household Size

45

Median Age

53%

College-Educated

96%

High-School Grad

42.8 sq mi

ZIP Area

915

Density / Sq Mi

$90,383

Median Household Income

$53,350

Median Earnings

$1,221

Median Rent

$327,600

Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$13.96 /SF/Yr

Avg Asking Price

$9.75–$20 /SF/Yr

Price Range

4,213 SF

Avg Space Size

This space is priced 14% below the average of $13.96 /SF/Yr.

Properties on Market for Office Units in Roanoke

Jul

Aug

Sep

Oct

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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Frequently Asked Questions

What type of property is this?

Office unit - Professional office suites with ADA entry ramp and recently renovated exterior, offered in customizable sizes.

Where is this office unit located?

The property is located at 3243 Electric Rd Roanoke, VA.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Professional office suites with ADA entry ramp; Suite sizes are customizable to fit your specific needs; Office suites offered in a quiet professional setting with strong traffic counts