Property profile

1351 Hershberger Rd Roanoke, VA 24012

OFF-MARKET
Lifestyle centers
152,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity is located within the Crossroads Shopping Center at 1351 Hershberger Rd, Roanoke, VA 24012. The property boasts a total of 152,000 square feet and currently features a single, large suite. A prime 3,400 square foot space is immediately available, perfect for a variety of retail uses. The center enjoys a strong tenant mix, including established national brands such as BJ's Wholesale Club, Aldi Supermarket, Subway, and National Optical. This demonstrates the high traffic and strong consumer base in this thriving location. Situated in Roanoke, the heart of Southwestern Virginia's business activity, this shopping center benefits from excellent regional visibility and accessibility. The property's location in Roanoke County offers a strategic advantage for businesses seeking to tap into a robust market. The available space presents a unique chance to establish or expand a retail presence in a well-established and successful shopping center. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a prime Roanoke location. The 3,400 square foot space offers significant potential for a variety of retail concepts.

Property profile

Verified
Property type Lifestyle centers
Total area 152,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Tour Operator

Location

1351 Hershberger Rd Roanoke, VA 24012
Roanoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1351 Hershberger Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message