Fully Leased Retail Investment
For Sale
$650,000
4118 Franklin Rd SW, Roanoke, VA 24014
Fully leased retail building with high visibility and traffic count.
Property Size4,698 SF
Price / SF$138.36
Days on Market169
Property Features for 4118 Franklin Rd SW
General Information
Standard status
Active
Size
4,698 SF
Property subtype
Retail
Building Details
Building Size
4,698 SF
Year Built
1986
Listing Agency:
Poe & Cronk Real Estate
(540) 314-8548
Listed By:
Nick Henritze · License #0225271659
Source:
Tcnworldwide
Added: Mar 6
Changed: Aug 7
Last Checked: Aug 22 at 3:53AM
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
Investment Insights
Based on property information with market context.
Located on a busy commercial corridor on Route 220/Franklin Rd in Roanoke, VA, 4118 Franklin Road SW is a fully leased 4,698 SF building. The property benefits from excellent signage and visibility for tenants. One tenant, Imagine Ink studios, currently occupies half of the property with a 5+ year modified gross signed lease to occupy the entirety of the property and has a renewal option. The property has 290' of frontage on Franklin Rd, providing high visibility to the 28,000+ vehicles that pass by daily. The property is located near national retailers such as Lowes, Home Depot, Starbucks, and the newly built Sheetz. There are 15 parking spaces available.
Key Highlights
- Fully leased property providing immediate cash flow.
- Premium location on Route 220/Franklin Rd, a busy commercial corridor.
- High visibility with 290' of frontage on Franklin Rd and excellent signage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased retail building with high visibility and traffic count.
Where is this retail space located?
The property is located at 4118 Franklin Rd SW Roanoke, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully leased property providing immediate cash flow.; Premium location on Route 220/Franklin Rd, a busy commercial corridor.; High visibility with **290' of frontage on Franklin Rd and excellent signage.**
