3260 Electric RD, Roanoke, VA 24018

$1,700,000

Property Type: Commercial Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,700,000 List Date: 7/30/2019 Last Modified: 12/27/2024

Overview

Description

Retail strip center located in SW Roanoke County. At the intersection of 2 of Roanoke's busiest arterials, Brambleton Ave and Electric Rd. The area is packed with national retailers within a dense retail hub, including two Kroger centers. Located at a connection node between several trade areas with an average household income in excess of $94,000 (3 mile radius). Features include an attractive, modern facade, plenty of parking, and access to a lighted intersection. Several national tenants. Recent occupants included fast food concepts to cell phone providers. Center is well positioned to attract a variety of tenants. Significant upside by leasing up the current vacant suites. Currently offered for lease at $16 PSF + CAM's.

Listing Details MLS# 861717

Location, Tax & Legal

Area: 0230 - Roanoke County - South
Street Number: 3260
Street Name: Electric
Street Suffix: RD
State/Province: VA
Zip Code: 24018
Municipality: Roanoke County

General Property Description

Construction Status: Completed
Year Built: 2004
Lot Dimensions: 71 FT Frontage Facing Electric Rd
Total Acreage: Yes
Road Frontage: 71
Flood Area: No
Gross Lot SqFt: 43560
On site Parking: Yes
Parking Spaces: 50
Gross Building SqFt: 10535
Retail SqFt: 10535
Lease Available: Yes
Leaseable SqFt: 142800
Basement Y/N: No
Water Class: N/A

Status Change Info

Ratified Contract Dt: 2019-08-07
Sold Date: 2019-12-09

Business Type

Type of Business (Historical Field): Retail Investment

More Information

Property Features

Limited Service: Not Limited Service Commercial Type: Retail Sale Includes: Building & Land Levels: One Heating: Heat Pump Cooling: Electric Floors: Carpet; Concrete Manufactured Homes: No HUD Tag Water Description: Public Sewer Description: Public Sewer Internet Access: Cable Topography: Level

Listing Office: WALDVOGEL COMMERCIAL PROPERTIES

Last Updated: December - 27 - 2024

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