Roanoke, VA Shopping centers for Rent & Lease

Updated: Sep 1

Retail Space Near Grocery Anchor

2845 Hershberger Rd NW, Roanoke, VA 24017

$9 SF/Yr

Four planned 1,200 SF retail suites available individually or in combination
Additional 7,921 SF space positioned between planned Food Lion and existing Big Lots
Planned Food Lion grocery anchor with existing Big Lots co‑anchor
Immediate access to I‑581
23,000+ VPD traffic count

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Updated: Jun 1

Grocery-Anchored Shopping Center

2243 Franklin Rd Suite A, Roanoke, VA 24014

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3,500 sqft

31,073‑square‑foot shopping center anchored by Earth Fare
3,500 SF end‑cap restaurant space
66,000 vehicles daily along I‑581 Highway
Five entrance and exit points with a signalized primary entrance
14,000 vehicles daily at the Wonju Street interchange

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Endcap Retail Space

2239 Franklin Rd SW, Roanoke, VA 24014

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3,449 sqft

Restaurant-oriented endcap space in a grocer-anchored center with signalized access and on-site parking.

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Retail Space in High-Traffic Area

631-635 Peters Creek Rd NW, Roanoke, VA

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1,750 sqft 1.61 AC lot

Retail space with high visibility and strong residential base.

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Retail Shopping Center Storefront

1351 Hershberger Rd, Roanoke, VA 24012

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Join BJ’s, Aldi, Subway, and National Optical at a retail center with signalized entrances and strong visibility.

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Valley View Mall Retail Space

4802 Valley View Blvd NW, Roanoke, VA

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48,270 sqft 64.62 AC lot

48,270 SF retail space in Valley View Mall.

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Retail Space in Roanoke

4208-4210 Franklin Rd, Roanoke, VA

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3,685 sqft 15.57 AC lot

Retail space with high visibility and strong national retailers.

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Retail Center Office-Retail Suites

3100 Peters Creek Rd, Roanoke, VA 24019

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815 sqft

Professionally managed retail center offers multiple office and retail suites with prominent signage and ample parking.

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Retail Space with High Visibility

5008 Airport Rd, Roanoke, VA

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3,400 sqft 18.88 AC lot

Retail space with exceptional traffic and frontage in dominant hub.

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Build-to-Suit Retail Storefront Opportunity

1920 Valley View Blvd NW, Roanoke, VA 24012

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4,216 sqft

Build-to-suit retail space with new pylon signage, adjacent to Dick’s Sporting Goods at Valley View Shops.

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Retail Space Near Major Retailers

2911-2935 Hershberger Rd NW, Roanoke, VA

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8,000 sqft 11.85 AC lot

Available retail spaces in a shopping center, prime location.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 11 Active listings in Roanoke, VA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 4 Properties for Sales.

Shopping centers for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Strip Mall Space with High Ceilings

221 Electric Road, Salem, VA 24153

$16 SF/Yr

1,650 sqft

Retail units offer private restrooms, parking, and signage opportunities.

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Retail Center Inline Space

3412 Waterlick Rd, Lynchburg, VA 24502

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1,113 sqft

Inline retail space within a shopping center anchored by Dollar Tree and Subway.

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Fresh Market-Anchored Retail Space

3901 Old Forest Road, Lynchburg, VA 24501

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1,500 sqft

The available space is within a shopping center offering multiple access points and signalized entry.

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Inline Retail Suite

1923 Electric Rd, Salem, VA 24153

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336 sqft

Inline retail space available with an additional outlot space option in a shopping center anchored by Kroger.

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Similar Spaces for Sale in Roanoke, VA

Consider Similar Space for Sale. We found 4 Spaces matching your search parameters.

Two-Tenant Retail Shopping Center

4335 Pheasant Ridge Rd, Roanoke, VA 24014

$2,700,000

13,650 sqft 1.40 AC lot

Fully leased retail center with commercial general zoning and established tenants.

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Shopping Center with 17 Units

3100 Peters Creek Rd, Roanoke, VA 24019

$1,650,000

Zoned C2S shopping center offering 17 commercial units with retail visibility on Peters Creek Rd.

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High-Visibility Neighborhood Shopping Center

7240 Williamson Road, Roanoke, VA 24019

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53,570 sqft

Neighborhood shopping center totaling 53,570 square feet anchored by a mix of national, regional, and local tenants.

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52,700 SF Retail Center For Sale

3412-3436 Orange Ave NE, Roanoke, VA

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52,700 sqft 6.18 AC lot

52,700 SF retail center in high-traffic corridor.

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Roanoke, VA Shopping centers Lease Rates & Market Statistics

Browse 11 Shopping centers for lease in Roanoke, VA on Realmo, a commercial real estate marketplace serving the Roanoke area. The current inventory totals 77,085 square feet of properties — an average of ~7,000 SF per listing.

Shopping centers lease rates in Roanoke range from $9 SF/Yr at the entry level to $9 SF/Yr at the top of the market, averaging $9 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $9 SF/Yr is 56% below the Virginia state average of $20.27 SF/Yr.

Shopping centers make up 33% of the 33 Retail properties & Spaces currently for lease in Roanoke, with asking rates averaging $9 SF/Yr — 43% below the citywide Retail properties & Spaces average of $15.71 SF/Yr. Tenants comparing options may also consider Storefront properties (7 listings) and Automotive properties (3 listings) elsewhere in the Roanoke market.