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Two-Story Office Building For Rent
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1325 Electric Road, Roanoke, VA 24018

Two-story office building with easy access and ample parking.

Space Size6,988 SF - 8,620 SF
Property Size70,664 SF
Days on Market1772

Property Features for 1325 Electric Road

General Information

Standard status Active
Size 6,988 SF - 8,620 SF
Class A
Total Parking Spaces 350
Property subtype Office
Lease Type Full Service

Building Details

Building Size 70,664 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 1325 Electric Road Contact us

Suite 103

Size
6,988 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

1st floor space

Size
8,620 SF
Type
Office
Availability
Active
Contact us
Listing Agency: F+W Real Estate Group
Listed By: Brandon Meade · License #VA 0225226499
Source: Crexi
Added: Oct 28, 2021 Changed: Aug 23 Last Checked: Sep 2 at 1:29AM

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 F+W Real Estate Group

Investment Insights

Based on property information with market context.

This two-story office building is located off Electric Road in Southwest County, offering convenient access to I-581 and Route 220. Situated on the corner of Keagy and Electric Road, the property features ample on-site lighted parking. Elevator access is available. On-site management and full-service maintenance are provided. The location is near shopping and dining options. Lewis-Gale Hospital is located directly across Route 419. The landlord offers a buildout allowance to tenants with a 5-year lease commitment.

Key Highlights

  • Convenient location off Electric Rd with easy access to I‑581 and Rt‑220.
  • Ample on‑site lighted parking.
  • On‑site management and full‑service maintenance.

Property Analytics

Current Use

TMEIC Corporation Production Facility MFX Insurance Agency

Suggested Use

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

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

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

$15.25 /SF/Yr
Avg Asking Price
$13.5–$18.5 /SF/Yr
Price Range
25,841 SF
Avg Space Size

This space is priced 8% above the average of $15.25 /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?
Office building - Two-story office building with easy access and ample parking.
Where is this office building located?
The property is located at 1325 Electric Road Roanoke, VA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Convenient location off Electric Rd with easy access to I‑581 and Rt‑220.; Ample on‑site lighted parking.; On‑site management and full‑service maintenance.
(540) 774-1641 Call to check price and availability
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