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Second-Level Office Suite
For Lease
$12 SF/Yr

3904 Franklin Road, Roanoke, VA 24014

Built-out workspace offers private offices, meeting rooms, a kitchenette, restrooms, and convenient parking.

Space Size5,700 SF
Property Size13,656 SF
Days on Market69

Property Features for 3904 Franklin Road

General Information

Standard status Active
Size 5,700 SF
Class B
Property subtype Office
Lease Term Full Service

Space & Availability

Floor 2
Space Use Office
Sublease Yes
Available From Immediate

Amenities

kitchenette

Building Details

Building Size 13,656 SF
Year Built 1975

Spaces For Lease

at 3904 Franklin Road Contact us

Second Level Suite $12/SF/Yr

Size
5,700 SF
Type
Office Building
Term
24 months
Contact us
Listing Agency:
Listed By: Krista Vannoy, CCIM, SIOR · License #VA #0225060152
Source: Waldvogelcommercial
Added: Jun 25 Changed: Aug 31 Last Checked: Aug 31 at 3:09PM

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 Krista Vannoy, CCIM, SIOR

Investment Insights

Based on property information with market context.

Available for sublease, this second-level office suite at 3904 Franklin Road includes a substantial existing build-out for office users. The layout contains 20+ private offices, multiple conference rooms, a kitchenette, and restrooms. Two exterior entrances and abundant windows add functional access and natural light to the space, while ample parking supports daily operations and visitors.

The suite is available for immediate occupancy. The overlease runs through September 30, 2028, providing a defined term for the sublease arrangement.

Key Highlights

  • 20+ private offices within the existing office build‑out
  • Multiple conference rooms support meetings and collaboration
  • Two exterior entrances provide direct access to the second‑level suite

Property Analytics

Current Use

Bill Keller - State ... Insurance Agency Dr David Armstrong, ... Physician David Armstrong Physician Passivstructures LLC Construction Company

Suggested Use

Top Pick Auto Parts Store Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Plumbing Service 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

691
Businesses Nearby

Demographics for 24014, VA

16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$13.05 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,885 SF
Avg Space Size

This space is priced 8% below the average of $13.05 /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 units - Built-out workspace offers private offices, meeting rooms, a kitchenette, restrooms, and convenient parking.
Where is this office units located?
The property is located at 3904 Franklin Road Roanoke, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 20+ private offices within the existing office build‑out; Multiple conference rooms support meetings and collaboration; Two exterior entrances provide direct access to the second‑level suite
More about this property
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