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Second-Floor Office Suite
For Lease
$14 SF/Yr

40 Summers Way, Roanoke, VA 24019

Bright office space with high ceilings and shared-lot parking.

Space Size1,450 SF
Property Size5,500 SF
Days on Market68

Property Features for 40 Summers Way

General Information

Standard status Active
Size 1,450 SF
Class B
Property subtype Office
Lease Term MG

Space & Availability

Floor 2
Space Use Office
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes

Amenities

High Ceilings
Abundant Natural Light

Building Details

Building Size 5,500 SF
Year Built 2001

Spaces For Lease

at 40 Summers Way Contact us

STE 201 $14/SF/Yr

Size
1,450 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Krista Vannoy, CCIM, SIOR · License #VA #0225060152
Source: Waldvogelcommercial
Added: Jun 24 Changed: Aug 30 Last Checked: Aug 30 at 4:13AM

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.

This second-floor office suite occupies a building constructed in 2001 and offers high ceilings, substantial daylight, and a professional setting for office use. The suite is located within Summerfield Village and is available for lease.

The property is at 40 Summers Way in Roanoke, Virginia, in Botetourt County near Cloverdale Road, also identified as Alternative 220. Parking is provided in a shared lot positioned at the front of the building.

Key Highlights

  • Second‑floor office suite at 40 Summers Way, Suite 201
  • High ceilings and abundant natural light
  • Shared parking lot at the front of the building

Property Analytics

Current Use

One Love Coffee ... Cafe & Coffee Shop Timothy W. Lucas, ... Pharmacy Cory R. Hedrick, ... Pharmacy Allison G. Lucas, ... Pharmacy Top Dawgs Pub ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Law Firm Big Box & Wholesale 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 24019, VA

27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$13.06 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,927 SF
Avg Space Size

This space is priced 7% above the average of $13.06 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Bright office space with high ceilings and shared-lot parking.
Where is this office units located?
The property is located at 40 Summers Way Roanoke, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Second‑floor office suite at 40 Summers Way, Suite 201; High ceilings and abundant natural light; Shared parking lot at the front of the building
More about this property
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