4102 Electric Rd - Freestanding FOR SALE


Roanoke, VA 24018- Cave Spring
$1,000,000 USD
540-301-3660
4102 Electric Rd, Roanoke, VA for Sale
$1,000,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

4102 Electric Rd
Roanoke, VA 24018
Cave Spring


HIGHLIGHTS

  • Strong Tenant
  • On-Site Parking
  • Easy Access
  • Visibility on Electric Road
  • 37k Vehicles Daily
  • Monument Signage

OVERVIEW

Nick Henritze & Will Henritze are proud to present 4102 Electric Road – This property offers a unique opportunity to own a fully leased asset at the forefront of Roanoke's most coveted commercial corridor. Offering unparalleled visibility, enhanced by a monument sign, effortless access, and the convenience of on-site parking along busy Route 419 / Electric Road that sees 37,000 vehicles per day. The Tenant has a 3 year NNN Lease ending EOY 2028, with 4 x 3-year renewal options. 3% annual escalations.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C2

APN/PARCEL ID

077.19-01-13

ASK ABOUT THIS PROPERTY

Nick HenritzePoe & Cronk Real Estate GroupMore Info
540-301-3660

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Nick HenritzePoe & Cronk Real Estate GroupMore Info
540-301-3660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.