Absolute NNN Retail
For Sale
Contact for pricing
3348 Orange Avenue Northeast, Roanoke, VA 24012
The lease extends beyond eight years and carries a guarantee from GPM Investments.
Property Size1,033 SF
Price / SF$1,456
Days on Market14
Property Features for 3348 Orange Avenue Northeast
General Information
Standard status
Active
Size
1,033 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$90,205
Building Details
Year Built
1988
Tenancy
Single
Listing Agency:
Secure Net Lease
Listed By:
Russell Smith · License #587553
(214) 522-7200
Source:
Crexi
Added: Aug 20
Changed: Sep 1
Last Checked: Sep 1 at 9:27PM
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 Secure Net Lease
Investment Insights
Based on property information with market context.
This retail property at 3348 Orange Avenue Northeast in Roanoke, Virginia, is subject to an absolute NNN lease with more than eight years remaining. GPM Investments provides the lease guarantee, supporting a long-term income structure for the asset. The property was built in 1988 and sits along a primary retail corridor. The offering is also identified as qualifying for bonus depreciation, providing an additional tax consideration for eligible purchasers.
Key Highlights
- Absolute NNN lease with more than 8 years remaining
- Lease guaranteed by GPM Investments
- Built in 1988
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 24012, VA
30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The lease extends beyond eight years and carries a guarantee from GPM Investments.
Where is this nnn property located?
The property is located at 3348 Orange Avenue Northeast Roanoke, VA.
What is the asking price?
The asking price for this property is $1,505,000.
What are key features of this property?
This property features: Absolute NNN lease with more than 8 years remaining; Lease guaranteed by GPM Investments; Built in 1988
