NNN Retail
For Sale
Contact for pricing
Pending
3607 Williamson Rd, Roanoke, VA 24012
Retail tenancy is secured by a new lease with renewal options and tenant reimbursement of taxes and insurance.
Property SizeContact for details
Days on Market143
Property Features for 3607 Williamson Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Old Dominion Realty
Listed By:
John Bowman, Salesperson · License #0225085237
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:54PM
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 Old Dominion Realty
Investment Insights
Based on property information with market context.
This NNN property at 3607 Williamson Rd in Roanoke, VA is leased to a retail tenant under a new 5-year term. The agreement includes two additional 5-year renewal options, extending the potential lease horizon beyond the initial term.
The property occupies the corner of Williamson Rd and Oakland BLVD. Lease responsibilities provide for tenant reimbursement of taxes and insurance, while the landlord remains responsible for roof and HVAC costs exceeding $2,500. The offering reflects a 7% cap rate on net income.
The property occupies the corner of Williamson Rd and Oakland BLVD. Lease responsibilities provide for tenant reimbursement of taxes and insurance, while the landlord remains responsible for roof and HVAC costs exceeding $2,500. The offering reflects a 7% cap rate on net income.
Key Highlights
- New 5‑year lease in place with two 5‑year renewal options remaining
- Tenant reimburses the landlord for taxes and insurance
- Landlord responsibility limited to roof and HVAC costs over $2,500
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
355
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
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Frequently Asked Questions
What type of property is this?
NNN property - Retail tenancy is secured by a new lease with renewal options and tenant reimbursement of taxes and insurance.
Where is this nnn property located?
The property is located at 3607 Williamson Rd Roanoke, VA.
What are key features of this property?
This property features: New 5‑year lease in place with two 5‑year renewal options remaining; Tenant reimburses the landlord for taxes and insurance; Landlord responsibility limited to roof and HVAC costs over $2,500
