3555 Electric Rd, Roanoke, VA 24018
For Lease
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The Shoppes at West Village, located at 3555 Electric Rd SW, Roanoke, VA 24018, offers a unique opportunity for retail and restaurant businesses. This two-story, 71,631 square foot center, built in 2006, sits on a 2.4-acre lot and boasts 210 parking spaces. The property is zoned C2 and currently has 5,332 square feet of vacant space available, divisible into units as small as 1,545 square feet, with a maximum contiguous space of 3,787 square feet. The center is strategically located just over half a mile west of Tanglewood on Route 419, providing excellent access and egress. This vibrant shopping destination is situated in a high-demand area of Roanoke County, attracting a diverse clientele. Current tenants include a mix of fitness centers, boutiques, specialty retail stores, restaurants, financial institutions, and service businesses. The property presents a compelling investment opportunity for businesses seeking a prominent location within a thriving retail environment. The building features multiple tenancies, providing flexibility for various business models. This is an exceptional opportunity to establish or expand your business in a well-established and highly visible retail center.
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InnerSun Family Chiropractic, LLC Alternative Medicine Practice
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Roots salon Hair Salon
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Clove Piercing & Fine Jewelry Tattoo & Piercing Shop
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Mathnasium Tutoring Service
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Optical Shop Ophthalmologist (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.