5306 Peters Creek Rd - Showroom FOR SALE


Roanoke, VA 24019- Hollins
$7,325,000 USD
540-666-6768
5306 Peters Creek Rd, Roanoke, VA for Sale
$7,325,000 USD
Showroom - FOR SALE
1/27
null | 8.1% Cap Rate

5306 Peters Creek Rd
Roanoke, VA 24019
Hollins


HIGHLIGHTS

  • Don’t miss out on the chance to acquire this six-building Executive Park with prominent placement in Roanoke. Virginia.
  • Offering prominent placement and visibility on Peters Creek Road with access to Interstates 81, 581, and US Route 220.
  • Logistics are a breeze as the park is situated adjacent to Roanoke-Blacksburg Airport, the primary commercial airport for Western Virginia.
  • Abundant retailers and restaurants are nearby allowing for convenience such as Bojangles, Dollar General, Kroger, and more.

OVERVIEW

Executive Park at 5306–5346 Peters Creek Road presents buyers with a standout investment opportunity. The property features six professional office buildings with a total of approximately 54,000 square feet on just over 5.1 acres. Located on one of Roanoke’s most prominent commercial corridors, it offers excellent visibility and easy access for tenants and guests alike. The C-2 (General Commercial) zoning allows for a broad range of uses. Office, medical, retail, service, and other business applications are all supported. This flexibility attracts diverse tenants and strengthens long-term investment stability. Each of the six standalone buildings supports multi-tenant or single-occupant configurations. Suites are efficient for professional offices, medical practices, or service-based businesses. The campus provides ample paved parking, strong internal traffic flow, and prominent road frontage. Executive Park delivers a solid and attractive presence in an established business district. This site in Roanoke offers buyers a convenient location next to Roanoke-Blacksburg Airport, a prominent regional airport which saw a record-breaking 756,308 passengers in 2024. The area is growing and includes several retailers, restaurants, and services. Offices like the Department of Motor Vehicles and the United States Postal Service are close by. Stores such as Walgreens, Starbucks, Lowe’s, Marshalls, and Target are all accessible, making errands easy for employees before or after work and during lunch. The property’s proximity to major interstates allows employees, guests, and visitors seamless commuting. Just north of Downtown Roanoke, the location suits business operations well.

FOR SALE DETAILS

PRICE

$7,325,000 USD

PRICE/SF

$846 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

Water - County

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

180

LAND DETAILS

LAND ACRES

5.12

LAND SF

223,027

ZONING

C-2

APN/PARCEL ID

037.08-01-09

ASK ABOUT THIS PROPERTY

Stuart Meredith, CCIM, SIORHall Associates, Inc.More Info
540-666-6768

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Stuart Meredith, CCIM, SIORHall Associates, Inc.More Info
540-666-6768

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