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Refreshed Office Space in Roanoke
For Lease
$14 SF/Yr

34 Campbell Ave SW, Roanoke, VA 24011

Professional office space in Roanoke's revitalized central business district.

Space Size1,600 SF - 17,560 SF
Property Size91,500 SF
Days on Market160

Property Features for 34 Campbell Ave SW

General Information

Standard status Active
Size 1,600 SF - 17,560 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 91,500 SF
Year Built 1956

Spaces For Lease

at 34 Campbell Ave SW Contact us

Suite 105 $14/SF/Yr

Floor
1st Floor
Size
3,000 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 502 $14/SF/Yr

Floor
Fifth
Size
4,200 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 130 $14/SF/Yr

Floor
First Floor
Size
1,600 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 300 $14/SF/Yr

Floor
Third Floor
Size
17,560 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 200 $14/SF/Yr

Size
4,404 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 202 $14/SF/Yr

Size
2,916 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Matt Huff, CCIM, SIOR · License #0225193464
Source: Commercialcafe
Added: Mar 26 Changed: Aug 23 Last Checked: Aug 31 at 1:45PM

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

Investment Insights

Based on property information with market context.

First Campbell Square, located in Roanoke's revitalized central business district, offers refreshed professional office space close to downtown amenities. Multiple square footage options are available for lease. The building is professionally managed and provides tenants with an attentive and professional productive business setting. Recent major upgrades have been made to the elevators, roof, and access security systems. A new $30 million mixed-use office development is underway across the street, which is expected to transform the block into a Class A office location. Multiple parking options are available nearby. The property is located at the corner of Campbell Avenue and First Street in downtown Roanoke.

Key Highlights

  • Limited time reduced rental rate of $14.00/SF for new tenants.
  • Centrally located in Roanoke's revitalized central business district, close to downtown amenities.
  • New $30M mixed‑use office development underway across the street, transforming the block into a Class A office location.

Property Analytics

Current Use

Defense Tax Group ... Tax Preparation

Suggested Use

Top Pick Nail Salon Pharmacy Veterinary Clinic Pet Grooming Service Florist 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,004
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

Lease Benchmarks for Roanoke, VA

$15.25 /SF/Yr
Avg Asking Price
$13.5–$18.5 /SF/Yr
Price Range
25,841 SF
Avg Space Size

This space is priced 8% below the average of $15.25 /SF/Yr.

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 building - Professional office space in Roanoke's revitalized central business district.
Where is this office building located?
The property is located at 34 Campbell Ave SW Roanoke, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Limited time reduced rental rate of $14.00/SF for new tenants.; Centrally located in Roanoke's revitalized central business district, close to downtown amenities.; New $30M mixed‑use office development underway across the street, transforming the block into a Class A office location.
More about this property
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