3014 Trinkle AveRoanoke, VA 24012

This Roanoke, VA industrial property offers a compelling investment opportunity. The 20,156 square foot facility, comprised of two brick buildings on 1.06 acres (four parcels), boasts a strong pro-forma cap rate of 8.21% and a current NOI of $90,269. Built in 1960, the property is currently 75% occupied with leases extending through April 2028, presenting immediate income and the potential for increased revenue by leasing the remaining space. The flexible layout, high ceilings, and adaptable design cater to a variety of tenant needs. Its prime location in Roanoke, VA (3014 Trinkle Ave NW, 24012) provides immediate access to Williamson Road and major transportation routes, enhancing its appeal to both tenants and investors. The asking price is $1,100,000 ($54.57/sq ft). This value-add opportunity allows for significant upside potential through increased occupancy and lease optimization. The property's versatility makes it suitable for owner-occupiers seeking to expand their operations or investors aiming to capitalize on the robust industrial market. The pro-forma NOI is based on 100% occupancy.