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Flex/Office Space Available
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5205 Starkey Rd, Roanoke, VA 24018

6,000 SF flex/office space with dock height delivery.

Space Size6,000 SF - 7,100 SF
Property Size31,044 SF
Days on Market2095

Property Features for 5205 Starkey Rd

General Information

Standard status Active
Size 6,000 SF - 7,100 SF
Class C
Property subtype Retail, Office, Industrial
Lease Type NNN

Building Details

Building Size 31,044 SF
Tenancy Multiple

Spaces For Lease

at 5205 Starkey Rd Contact us

Available Space 1

Size
7,100 SF
Type
Industrial, Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Climate Controlled Second Floor

Size
6,000 SF
Type
Industrial, Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Stephen Pendergrass · License #VA 0225210868
Source: Crexi
Added: Nov 16, 2020 Changed: Aug 8 Last Checked: Aug 10 at 12:26PM

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

Investment Insights

Based on property information with market context.

The property at 5205 Starkey Rd features 6,000 square feet of flex/office space. It is a walk-up unit with ground-level double-door access and a dock-height delivery area on the premises. The space can be built out for office use.

Key Highlights

  • 6,000sf of flex/office space
  • Ground level double door access
  • Dock height delivery area on premises

Property Analytics

Current Use

Next Level Building ... General Contractor Luxury Bath of Roanoke Renovation Specialist Buy Design Online ... Discount Store It's About Time Corporate Office Andes Importers Inc Brewery & Distillery

Suggested Use

Top Pick Nail Salon Parking Lot & Garage Pharmacy Hair Salon (Bike/Boat/Book/etc) Store Plumbing Service

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
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24018, VA

39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$11.31 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
6,281 SF
Avg Space Size

This space is priced 30% below the average of $11.31 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 6,000 SF flex/office space with dock height delivery.
Where is this flex space located?
The property is located at 5205 Starkey Rd Roanoke, VA.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: 6,000sf of flex/office space; Ground level double door access; Dock height delivery area on premises
(540) 855-3655 Call to check price and availability
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