Retail Strip Center For
For Lease
$12 SF/Yr
631 Peters Creek Rd NW, Roanoke, VA 24017
Retail strip center with long-term tenants and ample parking.
Space Size1,400 SF - 1,750 SF
Property Size16,530 SF
Days on Market205
Property Features for 631 Peters Creek Rd NW
General Information
Standard status
Active
Size
1,400 SF - 1,750 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
16,530 SF
Year Built
2005
Spaces For Lease
at 631 Peters Creek Rd NW Contact us635 $12/SF/Yr
Size
1,750 SF
Type
Strip Center
Term
36 - 60 months
643 $12/SF/Yr
Size
1,400 SF
Type
Strip Center
Term
36 - 60 months
647 $12/SF/Yr
Size
1,400 SF
Type
Strip Center
Term
36 - 60 months
651 $12/SF/Yr
Size
1,400 SF
Term
36 - 60 months
655 $12/SF/Yr
Size
1,400 SF
Type
Strip Center
Term
36 - 60 months
Show more
Listed By:
Michael Waldvogel, CCIM, SIOR · License #VA #0225079460
(540) 314-2741
Source:
Waldvogelcommercial
Added: Mar 26
Changed: Oct 1
Last Checked: Oct 14 at 9:27PM
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 Michael Waldvogel, CCIM, SIOR
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Investment Insights
Based on property information with market context.
This is a retail strip center featuring long-term tenants. The single-story building provides plentiful parking and easy access to a signaled intersection. Signage opportunities are available along Peters Creek Road. Food Lion is an anchor tenant on the adjacent parcel. The strip center is located at the intersection of Shenandoah Avenue and Peters Creek Road, both well-traveled routes between Salem and Roanoke, Virginia. The property benefits from a strong surrounding residential base.
Key Highlights
- Long‑term, strong tenants in place.
- High‑traffic location at the intersection of Shenandoah Avenue and Peters Creek Road.
- Food Lion anchors the adjacent parcel.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 24017, VA
23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Retail strip center with long-term tenants and ample parking.
Where is this strip mall located?
The property is located at 631 Peters Creek Rd NW Roanoke, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Long‑term, strong tenants in place.; High‑traffic location at the intersection of Shenandoah Avenue and Peters Creek Road.; Food Lion anchors the adjacent parcel.
