Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CN/RM1 · Roanoke, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CN/RM1 in Roanoke, VA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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