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Retail Space with High Visibility
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5008 Airport Rd, Roanoke, VA

Retail space with exceptional traffic and frontage in dominant hub.

Space Size20,000 SF - 250,000 SF
Lot Size18.88 Acres
Days on Market1287

Property Features for 5008 Airport Rd

General Information

Standard status Active
Size 20,000 SF - 250,000 SF
Lot size 18.88 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 5008 Airport Rd Contact us

5008 Airport Rd $5/SF/Yr

Size 69,191 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Presented for lease – 5008 airport rd features 250,000 sq. ft. of commercial space with ample parking located in the main commercial corridor of the roanoke valley & sw virginia. - Originally built as a regional mall, 5008 airport rd was converted into an operations center for Advanced auto parts. The property is once again available as a turn-key office facility which includes a well-appointed executive level. Many other uses are allowable including most retail applications, healthcare, and fitness/recreational facility. - This is an excellent opportunity to take advantage of below market rent at a turn key ready property near many of the areas attractive amenities. 5008 Airport offers flexibility for new tenants. The premises can be demised into smaller units down to 20,000 sq. ft. - Excellent location w immediate access to interstate 581 and regional airport - Quality space w workstations in place if desired - Easily demised and adaptable floor plans - Potential conversion to distribution - Back up power generator and fiber network
Contact us

5008 Airport Rd $5/SF/Yr

Size 108,783 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Presented for lease – 5008 airport rd features 250,000 sq. ft. of commercial space with ample parking located in the main commercial corridor of the roanoke valley & sw virginia. - Originally built as a regional mall, 5008 airport rd was converted into an operations center for advanced auto parts. The property is once again available as a turn-key office facility which includes a well-appointed executive level. Many other uses are allowable including most retail applications, healthcare, and fitness/recreational facility. - This is an excellent opportunity to take advantage of below market rent at a turn key ready property near many of the areas attractive amenities. 5008 airport offers flexibility for new tenants. The premises can be demised into smaller units down to 20,000 sq. ft. - Excellent location w immediate access to interstate 581 and regional airport - Quality space w workstations in place if desired - Easily demised and adaptable floor plans - Potential conversion to distribution - Back up power generator and fiber network
Contact us

5008 Airport Rd $5/SF/Yr

Size 20,000 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Presented for lease – 5008 airport rd features 250,000 sq. ft. of commercial space with ample parking located in the main commercial corridor of the roanoke valley & sw virginia. - Originally built as a regional mall, 5008 airport rd was converted into an operations center for advanced auto parts. The property is once again available as a turn-key office facility which includes a well-appointed executive level. Many other uses are allowable including most retail applications, healthcare, and fitness/recreational facility. - This is an excellent opportunity to take advantage of below market rent at a turn key ready property near many of the areas attractive amenities. 5008 airport offers flexibility for new tenants. The premises can be demised into smaller units down to 20,000 sq. ft. - Excellent location w immediate access to interstate 581 and regional airport - Quality space w workstations in place if desired - Easily demised and adaptable floor plans - Potential conversion to distribution - Back up power generator and fiber network
Contact us

5008 Airport Rd $5/SF/Yr

Size 250,000 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Presented for lease – 5008 airport rd features 250,000 sq. ft. of commercial space with ample parking located in the main commercial corridor of the roanoke valley & sw virginia. - Originally built as a regional mall, 5008 airport rd was converted into an operations center for advanced auto parts. The property is once again available as a turn-key office facility which includes a well-appointed executive level. Many other uses are allowable including most retail applications, healthcare, and fitness/recreational facility. - This is an excellent opportunity to take advantage of below market rent at a turn key ready property near many of the areas attractive amenities. 5008 airport offers flexibility for new tenants. The premises can be demised into smaller units down to 20,000 sq. ft. - Excellent location w immediate access to interstate 581 and regional airport - Quality space w workstations in place if desired - Easily demised and adaptable floor plans - Potential conversion to distribution - Back up power generator and fiber network
Contact us

5008 Airport Rd $5/SF/Yr

Size 74,794 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Presented for lease – 5008 airport rd features 250,000 sq. ft. of commercial space with ample parking located in the main commercial corridor of the roanoke valley & sw virginia. - Originally built as a regional mall, 5008 airport rd was converted into an operations center for advanced auto parts. The property is once again available as a turn-key office facility which includes a well-appointed executive level. Many other uses are allowable including most retail applications, healthcare, and fitness/recreational facility. - This is an excellent opportunity to take advantage of below market rent at a turn key ready property near many of the areas attractive amenities. 5008 airport offers flexibility for new tenants. The premises can be demised into smaller units down to 20,000 sq. ft. - Excellent location w immediate access to interstate 581 and regional airport - Quality space w workstations in place if desired - Easily demised and adaptable floor plans - Potential conversion to distribution - Back up power generator and fiber network
Contact us
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Stephen Pendergrass · License #0225210868
Source: Moodyscre
Added: Apr 21, 2023 Changed: Oct 25 Last Checked: Oct 26 at 2:30PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space is located in a shopping center with high traffic counts, great frontage, and visibility. The property benefits from its premier location within one of the area's dominant retail hubs. It is situated in close proximity to Valley View Mall. The location features three major, signalized, and highly traveled entrances.

Key Highlights

  • Exceptional traffic counts
  • Great frontage and visibility
  • Premier location in a dominant retail hub

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Magic City Kitchen ... Hardware & Home Improvement Advance Auto Parts Auto Parts Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Storage Facility Garden 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

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM — Kroger - Mid Atlantic, 5050 Rutgers St NW, Roanoke, VA 24012
  • Towne Square — 1421 Towne Square Blvd NW, Roanoke, VA 24012
  • Coinstar Kiosk - Bitcoin ATM — Kroger - Mid Atlantic, 7223 Williamson Rd, Roanoke, VA 24019
  • Lamp Lighter mall — Lamplighter Mall Shopping Center, Roanoke, VA 24012

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space with exceptional traffic and frontage in dominant hub.
Where is this shopping center located?
The property is located at 5008 Airport Rd Roanoke, VA.
What are key features of this property?
This property features: Exceptional traffic counts; Great frontage and visibility; Premier location in a dominant retail hub
(540) 855-3655 Call to check price and availability
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