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2131 Valley View Blvd Roanoke, VA 24012

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For Sale
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Prime Roanoke Office Building, Net Lease

Property size:
11,346 SF

Property Features for 2131 Valley View Blvd

General Information

Property type
Office Properties & Spaces
Square Feet
11,346 SF
Class
B
Lot Size
99,752 SF

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Listing Contact
Matt Huff
Matt Huff

Listing Agency: Poe & Cronk Real Estate Listing Agent: Matt Huff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fully leased, 11,346 square foot Class B executive office building situated at 2131 Valley View Blvd NW, Roanoke, VA 24012. The property boasts a strong 6.50% cap rate, a current NOI of $156,021, and a compelling asking price of $2,400,000 ($211.53/SF). Currently 100% occupied since January 1, 2023, under a net lease with a corporate guarantee, the tenant enjoys a 6-year lease (with 4.1 years remaining) featuring 3% annual rent escalations and a 1-5 year renewal option. The property sits on a 2.29-acre lot zoned MX(c) and benefits from excellent visibility and convenient access to major roadways. The lease includes supplemental income from a Verizon antenna. Minimal landlord responsibilities make this an ideal investment for a 1031 exchange or passive income seekers. Further lease details are available upon execution of a confidentiality agreement. This is a rare opportunity to acquire a high-quality, stable income-producing asset in a desirable Roanoke location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commonwealth Catholic Charities Adoption Agency Blue Ridge Mountains ... Training Center District Commissioner's Info ... Government Office Mold Experts of Star ... Construction Company

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Roanoke
State
Virginia
Longitude
-79.9643906
Latitude
37.3109218

FAQs

What type of property is this?
Office Property / Space - Prime Roanoke Office Building, Net Lease
Where is this office property / space located?
The property is located at 2131 Valley View Blvd Roanoke, VA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Long-term net-net lease.; Minimal landlord responsibilities.; Strong, creditworthy tenant.
(540) 855-3647 Call to check price and availability
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