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    1287-1445 Towne Square Blvd Roanoke, VA 24012

    Sponsored
    For Lease
    Contact for pricing

    Prime Roanoke Retail Space Available

    Lot size:
    302,135 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Towne Square, located at 1287-1445 Towne Square Blvd NW in Roanoke, Virginia (zip code 24012), offers exceptional retail and restaurant opportunities. This established shopping center boasts a total of 302,135 square feet, providing ample space for various businesses. Currently, there are 32,817 square feet of vacant space available, divisible into units as small as 1,400 square feet, with a maximum contiguous space of 23,286 square feet. Six individual spaces are currently available for lease. The property is situated in Roanoke City County and benefits from high visibility and convenient access for customers. The flexible space options make it ideal for a range of retail concepts, from smaller boutiques to larger flagship stores or restaurants. This is a fantastic opportunity to establish or expand your business in a thriving Roanoke location. The property's size and layout offer significant potential for growth and success. Interested parties are encouraged to inquire about available spaces and lease terms. The property is classified as a shopping center with multiple tenancies.

    Property Features for 1287-1445 Towne Square Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    302,135 SF

    Unit(s) available at that property

    Space
    Suite 1433A
    Size
    1,400 SF
    Space
    Suite 1433B
    Size
    1,400 SF
    Space
    Suite 1421
    Size
    23,286 SF
    Space
    Suite S303
    Size
    3,954 SF
    Space
    Suite 1333
    Size
    2,777 SF
    Space
    Suite 1414
    Size
    1 SF

    HighLights

    • 302,135 SF power center at Towne Square Blvd (9,500 VPD) and Rutgers St (8,436 VPD).
    • Anchored by Ross Dress for Less, Marshall's, Bed Bath & Beyond, Petco, and Kirkland's; shadow‑anchored by Sam's Club.
    • Excellent location in a high‑traffic regional shopping area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke City
    State
    Virginia
    Longitude
    -79.9600291
    Latitude
    37.320568

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Roanoke Retail Space Available
    Where is this lifestyle center located?
    The property is located at 1287-1445 Towne Square Blvd Roanoke, VA.
    What are key features of this property?
    This property features: 302,135 SF power center at Towne Square Blvd (9,500 VPD) and Rutgers St (8,436 VPD).; Anchored by Ross Dress for Less, Marshall's, Bed Bath & Beyond, Petco, and Kirkland's; shadow-anchored by Sam's Club.; Excellent location in a high-traffic regional shopping area.
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    1287-1445 Towne Square Blvd Roanoke, VA 24012
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    Roanoke, VA 24012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1287-1445 Towne Square Blvd Roanoke, VA 24012
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