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First Floor Office Suite
For Lease
$14 SF/Yr

5304 Indian Grave Rd, Roanoke, VA 24018

Office suite for rent with high visibility and ample parking.

Space Size2,350 SF - 3,000 SF
Property Size8,118 SF
Days on Market338

Property Features for 5304 Indian Grave Rd

General Information

Standard status Active
Size 2,350 SF - 3,000 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 8,118 SF
Year Built 1990

Spaces For Lease

at 5304 Indian Grave Rd Contact us

1st floor $16/SF/Yr

Size 2,350 SF
Type Medical
Term Negotiable
Contact us

2nd floor $14/SF/Yr

Size 3,000 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Richard Wellford, CCIM · License #0225077598
Source: Poecronk
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 26 at 1:59PM

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

Rey
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Investment Insights

Based on property information with market context.

This first-floor office suite offers high visibility and ample parking. The property is suitable for medical or dental practices. It is located across the street from a Walmart and a public school. The suite includes an emergency generator. The property has a size of 3000 square feet.

Key Highlights

  • High Visibility ensures your business gets noticed.
  • Ample Parking for clients and staff.
  • Perfect for Medical/Dental practices seeking a convenient location.

Property Analytics

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

Current Use

Stephen Couture, MD Physician LewisGale Physicians Internal ... Physician Jefferson Surgical Clinic ... Physician Edgar Weaver Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Hair Salon Restaurant Plumbing Service

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24018, VA

39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Roanoke, VA

$14.4 /SF/Yr
Avg Asking Price
$11–$17 /SF/Yr
Price Range
6,604 SF
Avg Space Size

This space is priced 3% below the average of $14.4 /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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office suite for rent with high visibility and ample parking.
Where is this medical office space located?
The property is located at 5304 Indian Grave Rd Roanoke, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: High Visibility ensures your business gets noticed.; Ample Parking for clients and staff.; Perfect for Medical/Dental practices seeking a convenient location.
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