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3260 Electric Rd
Roanoke, VA 24018
Southwest County Retail Strip Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
ABOUT 3260 ELECTRIC RD , ROANOKE, VA 24018
Waldvogel Commercial Properties is pleased to present for sale this value-add retail strip center located in the heart of Southwest Roanoke County, featuring direct access to some of the most affluent neighborhoods in the area and situated with direct access to the intersection of two of Roanoke’s busiest commercial arterials, Brambleton Avenue and Electric Road/VA-419. The area is packed with national retailers within a dense retail hub, including two Kroger grocery stores, each less than a mile away from the subject property. The intersection of Brambleton Avenue and Electric Road/VA-419 is a connection node between several high income trade areas with an average household income within a three mile radius in excess of $94,000. Built in 2004, the property features an attractive, modern facade, plenty of parking, and cross access to a lighted intersection. Currently, there are two nationally branded tenants occupying the center. In the past, there have been others ranging from fast food concepts to cellular sales providers. Because of its location, the center is well positioned to attract a variety of tenants. The investment offers significant upside through leasing up the currently vacant suites, which are being offered for lease at $16 PSF + TICAM’s.
PROPERTY TAXES
| Parcel Number | 077.13-05-48.01-0000 | Improvements Assessment | $1,138,800 |
| Land Assessment | $600,000 | Total Assessment | $1,738,800 |
PROPERTY TAXES
