2482 Patterson Ave SW
Roanoke, VA 24016
Bimbo Bakery · Industrial Property For Sale

CBRE is pleased to exclusively offer the opportunity to acquire the 10,730-square-foot Bimbo Bakeries distribution center situated on 1.56 acres in Roanoke, Virginia (MSA Population: 314,128). Bimbo Bakeries USA established its presence in the United States in 1997 when it first entered the U.S. bread market. Today, Bimbo Bakeries USA operates over 60 bakeries, employs 22,000 people and has 11,000 sales routes throughout the country. Recently renovated in 2018, the property’s brand new net lease features 14.5 years of primary term remaining with two 5-year renewal options. Bimbo Bakeries is located along Patterson Avenue SW (Traffic Count: 5,900 VPD) and is directly adjacent to Mario Industries, Inc. and Automated Mailing System. The immediate area is densely developed with 9.4 MSF of retail, 8.2 MSF of office, 7.5 MSF of industrial and 9,381 multifamily units within a 3-mile radius. The site boasts dynamic demographics with a population of 80,448 and an average household income of $55,022 within a 3-mile radius. Bimbo benefits from its strategic location in Roanoke, which is the commercial and cultural hub of Southwest Virginia. Bisected by the Roanoke River, the area’s economy was developed around the Norfolk and Western Railroads and is driven by the logistics, manufacturing and healthcare sectors.