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Modern Office Warehouse Building
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442 Rutherford Ave - NE, Roanoke, VA

30,635 SF office warehouse for sale near downtown Roanoke.

Space Size15,317 SF
Lot Size2.09 Acres
Days on Market940

Property Features for 442 Rutherford Ave - NE

General Information

Standard status Active
Size 15,317 SF
Lot size 2.09 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 442 Rutherford Ave - NE Contact us

442 Rutherford Ave $13.50/SF/Yr

Floor
1
Size
15,317 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Prestige building - Premiere location and property condition - Abundant on-site...
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Listing Agency: Poe & Cronk Real Estate Group
Listed By: Matt Huff · License #0225189906
Source: Moodyscre
Added: Feb 15, 2024 Changed: Sep 6 Last Checked: Sep 12 at 8:39AM

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.

This 30,635 square foot modern office warehouse building is available for sale. The Class A facility includes approximately 25,000 square feet of office space featuring a mix of executive and private offices, as well as open cubicle areas. The property also includes an approximately 5,000 square foot high-ceiling warehouse in the rear of the building, complete with a mezzanine storage area and a fenced lot for storage. The warehouse area is equipped with both dock-high and drive-in doors. The building offers two separate entrances, which could accommodate a multi-tenant scenario. The property is currently 100% occupied under a NNN lease that runs through January 2025. There are 88 striped parking spaces available on-site. The property is located just outside downtown Roanoke, offering convenient access to regional areas via adjacent I-581 and Route 460 (Orange Ave). Public transportation is accessible via nearby Valley Metro access points.

Key Highlights

  • NNN Lease to The Branch Group, Inc. provides immediate income through January 2025.
  • Class A facility with ±25,000 SF of office space and ±5,000 SF high‑ceiling warehouse.
  • Excellent condition and prestige building.

Property Analytics

Current Use

Office buildings

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,954
Businesses Nearby
Balanced
Demand for This Use

Market

Lease Benchmarks for Roanoke, VA

$10.81 /SF/Yr
Avg Asking Price
$9.75–$13.5 /SF/Yr
Price Range
22,938 SF
Avg Space Size

This space is priced 25% above the average of $10.81 /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?
Warehouse - 30,635 SF office warehouse for sale near downtown Roanoke.
Where is this warehouse located?
The property is located at 442 Rutherford Ave - NE Roanoke, VA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: NNN Lease to The Branch Group, Inc. provides immediate income through January 2025.; Class A facility with **±25,000 SF of office space** and ±5,000 SF high‑ceiling warehouse.; Excellent condition and prestige building.
(540) 493-4970 Call to check price and availability
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