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Property profile & analytics
OFF-MARKET
Lifestyle centers

1351 Hershberger Rd Roanoke, VA 24012

152,000 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Best Coverage Group Insurance Agency
  • Crossroads Mall Tour Operator
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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