2022 Electric Rd, Roanoke, VA 24018
Southwest Plaza, located at 2022 Electric Road in Roanoke, Virginia (zip code 24018), is a thriving retail strip center totaling 80,163 square feet. This Food Lion-anchored property offers a diverse range of leasing opportunities, with eight spaces currently available. Individual spaces range from a minimum of 820 square feet to a maximum contiguous space of 14,935 square feet, providing flexibility for various business needs. A significant 21,955 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The center benefits from excellent visibility and convenient access from Electric Road (Route 419), placing it within easy reach of substantial residential communities. Furthermore, Southwest Plaza presents a junior anchor space for lease and an outparcel opportunity for a build-to-suit project, catering to a variety of development preferences. The property is situated in Roanoke County, Virginia, and enjoys a strong trade area with desirable demographics. This location offers exceptional potential for businesses seeking high visibility and access to a robust customer base.
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Great Clips Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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