Modernized Office
707 S Jefferson Street, Roanoke, VA 24016
For Lease
$17.82 SF/Yr
Restored and updated office units near Elmwood Park in downtown Roanoke.
Space Size7,563 SF
Property Size37,002 SF
Days on Market55
Property Features for 707 S Jefferson Street
General Information
Standard status
Size
Net Rentable
Class
Property subtype
Lease Type
Lease Term
Space & Availability
Available Space
Contiguous Space
Space Use
Additional Details
Highway Access
Building Details
Building Size
Year Built
Spaces For Lease
at 707 S Jefferson Street
5th Floor
$17.82/SF/Yr
Size
7,563 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Poe & Cronk Real Estate
Listed By:
Richard Wellford, CCIM · License VA #0225077598
(540) 537-6732
Source:
Poecronk
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 8 at 3:24AM
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
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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.
The 1964 office building at 707 S Jefferson Street has undergone a complete restoration and modernization. Approximately 7,563 square feet is available for lease, providing custom-built office space within a renovated commercial property.
The building is located in downtown Roanoke across from Elmwood Park and less than 1/4 mile from the I-81 interchange. Parking is available next door on Jefferson and Elm or in the parking garage across the street.
The building is located in downtown Roanoke across from Elmwood Park and less than 1/4 mile from the I-81 interchange. Parking is available next door on Jefferson and Elm or in the parking garage across the street.
Key Highlights
- Approximately 7,563 square feet available for lease
- 1964 office building completely restored and modernized
- 707 S Jefferson Street in downtown Roanoke
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.67 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 24016, VA
9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Roanoke, VA
$13.96 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
4,213 SF
Avg Space Size
This space is priced 28% above the average of $13.96 /SF/Yr.
Properties on Market for Office Units in Roanoke
Vacancy Rate% for Office in Roanoke, VA
Frequently Asked Questions
What type of property is this?
Office unit - Restored and updated office units near Elmwood Park in downtown Roanoke.
Where is this office unit located?
The property is located at 707 S Jefferson Street Roanoke, VA.
What is the lease rate?
The lease rate is $17.82 SF/Yr.
What are key features of this property?
This property features: Approximately 7,563 square feet available for lease; 1964 office building completely restored and modernized; 707 S Jefferson Street in downtown Roanoke
