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Salem, VA NNN Properties for Sale

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Roanoke, VA Catawba, VA Cave Spring, VA
Industrial, Retail
Updated: Feb 20
Industrial, Retail

327 S College Ave, Salem, VA 24153

$2,070,357
19,941 sqft
Corporate‑backed lease with 8 years remaining, Caliber Collision, backed by publicly traded CWD
Minimal landlord responsibilities; ideal for passive income
10% rent increases every five years; next increase in April 2028
Established location; tenant has operated successfully here for 7 years
Attractive location in Roanoke MSA, VA with high‑income demographics (average household income within 1 mile: $84,000)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Firestone Auto Care Investment
New Firestone Auto Care Investment

399 W Commonwealth Blvd, Martinsville, VA 24112

$5,473,180
6,607 sqft · 1.20 AC lot

New construction Firestone in Martinsville, VA with long-term lease.

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NNN-Leased Arby's Restaurant
NNN-Leased Arby's Restaurant

1401 Jamison Ave SE, Roanoke, VA 24013

$2,251,652
2,820 sqft · 0.66 AC lot

Absolute NNN lease with a corporate-guaranteed tenant provides long-term income backed by scheduled rent growth.

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Commercial Property in High-Traffic Location
Commercial Property in High-Traffic Location

1100 Spruce Street, Martinsville, VA 24112

$329,000
1,939 sqft · 0.71 AC lot

Investment opportunity with tenant in place in Martinsville, Virginia.

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Roanoke, Virginia NNN Investment Property
Roanoke, Virginia NNN Investment Property

1930 Electric Rd, Roanoke, VA

Contact for pricing
7,770 sqft · 0.63 AC lot

NNN leased Dental Care Alliance investment property in Roanoke, Virginia.

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Salem, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Salem, VA on our real estate platform. These investment opportunities span a total of 19,941 square feet of properties for sale, with an estimated market value of $2,070,357.

Sale prices for triple net lease properties in Salem, VA start at $2,070,357, averaging $2,070,357, and reaching up to $2,070,357 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 38K
Population Growth (5Y) +0.3%
Median Household Income $72,691
College Educated 42.5%

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $16.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salem city

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 50,000 to 100,000 square foot range.

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