1287-1445 Towne Square Blvd Roanoke, VA 24012
Towne Square, located at 1287-1445 Towne Square Blvd NW in Roanoke, Virginia (zip code 24012), offers exceptional retail and restaurant opportunities. This established shopping center boasts a total of 302,135 square feet, providing ample space for various businesses. Currently, there are 32,817 square feet of vacant space available, divisible into units as small as 1,400 square feet, with a maximum contiguous space of 23,286 square feet. Six individual spaces are currently available for lease. The property is situated in Roanoke City County and benefits from high visibility and convenient access for customers. The flexible space options make it ideal for a range of retail concepts, from smaller boutiques to larger flagship stores or restaurants. This is a fantastic opportunity to establish or expand your business in a thriving Roanoke location. The property's size and layout offer significant potential for growth and success. Interested parties are encouraged to inquire about available spaces and lease terms. The property is classified as a shopping center with multiple tenancies.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.