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Office Space Available For Rent
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1948 Franklin Rd SW, Roanoke, VA 24014

Office spaces available, ranging from 517 to 4,716 SqFt.

Space Size517 SF
Property Size12,385 SF
Days on Market1794

Property Features for 1948 Franklin Rd SW

General Information

Standard status Active
Size 517 SF
Class B
Property subtype Office

Building Details

Building Size 12,385 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 1948 Franklin Rd SW Contact us

suite 108

Size
517 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield Thalhimer - Roanoke, Virginia
Listed By: Boyd Johnson · License #VA 0225196068
Source: Crexi
Added: Oct 6, 2021 Changed: Aug 23 Last Checked: Sep 1 at 9:48PM

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 Cushman & Wakefield Thalhimer - Roanoke, Virginia

Investment Insights

Based on property information with market context.

Office spaces are available for rent, with one space currently available. The available space ranges in size from 517 square feet to 4,716 square feet.

Key Highlights

  • Office space available.
  • Space ranges from 517 SqFt to 4,716 SqFt.
  • 1 space available.

Property Analytics

Current Use

Favor engineering, PLLC ... Structural Engineer Redefine Physical Therapy Medical Clinic Vitality Depot Medical Supply Store Appliance Studio Home Appliance Store Real Life Nutrition, ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Restaurant Auto Repair Shop

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
$34.47 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,775
Businesses Nearby

Demographics for 24014, VA

16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$13.05 /SF/Yr
Avg Asking Price
$9.75–$20 /SF/Yr
Price Range
8,885 SF
Avg Space Size

This space is priced 1662% above the average of $13.05 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces available, ranging from 517 to 4,716 SqFt.
Where is this office units located?
The property is located at 1948 Franklin Rd SW Roanoke, VA.
What is the lease rate?
The lease rate is $229.80 SF/Yr.
What are key features of this property?
This property features: Office space available.; Space ranges from 517 SqFt to 4,716 SqFt.; 1 space available.
(540) 204-0120 Call to check price and availability
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