3607 Williamson NW Rd Roanoke, VA 24012-3327
This exceptional retail property, located at 3607 Williamson Road in Roanoke, Virginia, presents a compelling investment opportunity. The 8,772 square foot building sits on a prime corner lot at the intersection of Williamson Road and Oakland Boulevard, benefiting from high visibility and excellent traffic flow. A significant strength of this offering is the strong, net-net lease in place with a major retailer. This lease provides security and predictable income streams. The current lease term includes a new 5-year lease and two additional 5-year renewal options, ensuring long-term stability for the investor. The landlord's responsibilities are limited to roof and HVAC repairs exceeding $2,500, significantly reducing operational burdens. The tenant is responsible for all property taxes and insurance, further minimizing expenses for the owner. The property currently offers a compelling 7% capitalization rate on net income, making it an attractive addition to any diversified portfolio. This is a rare opportunity to acquire a well-located, stable, and high-yielding retail investment in a thriving Roanoke market. The property's strategic location and the strength of the existing lease make this an exceptional investment prospect. Don't miss this chance to secure a reliable income stream with significant long-term potential.
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Aaron's Rent To Own Furniture & Home Goods Home Decor 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
CN/RM1 · Roanoke, VARoanoke. Always verify with local authorities before improvements.
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.