Property profile

4420 Electric Rd Cave Spring, VA 24018

OFF-MARKET
Retail properties & Spaces
811,270 SF
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Property summary

AI-generated overview

Tanglewood Mall, located at 4420 Electric Rd, Roanoke, VA 24018, offers a unique opportunity for medical office tenants. This expansive mixed-use property boasts a total of 811,270 square feet, situated on a generous 57.28-acre lot. The property features 20 individual suites, with a range of sizes available to accommodate various needs. Spaces range from a minimum of 471 square feet to a maximum contiguous space of 35,364 square feet, providing flexibility for both small and large practices. Currently, there are 105,231 square feet of vacant space ready for immediate occupancy. The property is conveniently located in Roanoke County, Cave Spring, and offers ample parking with 3,322 spaces available for tenants and visitors. The property's classification as both retail and office, specifically medical office and mixed-use, makes it an ideal location for a variety of healthcare businesses. This is a multi-tenant property, offering a vibrant and collaborative environment. The property is easily accessible and well-suited for a variety of medical practices seeking a prominent location in the Roanoke area. Interested parties should inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Total area 811,270 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
  • Hair Salon Nail Salon
  • Clothing Store
  • Association / Organization Book Store
  • Atm
  • Training Center Sports School

Location

4420 Electric Rd Cave Spring, VA 24018
Cave Spring metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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