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Peters Creek Flex Industrial 3783-3785 Peters Creek Rd 14,600 SF 100% Leased Office Building Roanoke, VA 24018 $1,300,000 ($89.04/SF) 7.03% Cap Rate
Investment Highlights
- Multi-Tenant Office & Warehouse Flex Property
- Combination of Office and Warehouse Suites
- Diversified Tenant Mix Providing In-Place Income
- Approximately ±14,600 SF Building Area
- Roll-Up Door Access in Warehouse Areas
- Convenient Access to I-581 and Downtown Roanoke
Executive Summary
Positioned along the well-traveled Peters Creek Road corridor, this commercial property offers users strong visibility, convenient access, and a flexible site layout within one of Roanoke’s established commercial and industrial corridors. Situated on approximately ±1.27 acres, the property provides ample space for a variety of commercial, service, or light industrial uses.
The site benefits from its strategic location along Peters Creek Road with straightforward access to major transportation routes and surrounding commercial nodes. Its configuration allows for operational flexibility, making it well suited for owner-users, contractors, distribution users, or investors seeking a well-located commercial asset in the Roanoke market.
The property provides convenient connectivity to Downtown Roanoke, I-581, and other regional commercial corridors while maintaining strong visibility along Peters Creek Road.
The site benefits from its strategic location along Peters Creek Road with straightforward access to major transportation routes and surrounding commercial nodes. Its configuration allows for operational flexibility, making it well suited for owner-users, contractors, distribution users, or investors seeking a well-located commercial asset in the Roanoke market.
The property provides convenient connectivity to Downtown Roanoke, I-581, and other regional commercial corridors while maintaining strong visibility along Peters Creek Road.
Property Facts
Sale Type
Investment
Property Type
Building Size
14,600 SF
Building Class
C
Year Built
1978
Price
$1,300,000
Price Per SF
$89.04
Cap Rate
7.03%
NOI
$91,356
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,600 SF
Building FAR
0.26
Lot Size
1.28 AC
Zoning
Commercial General
Amenities
- 24 Hour Access
- Property Manager on Site
- Signage
- Storage Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Go-Forth Services
- Services
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$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Go-Forth Services | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Property Taxes
| Parcel Number | 520-0113 | Improvements Assessment | $400,000 |
| Land Assessment | $391,300 | Total Assessment | $791,300 |
Property Taxes
Parcel Number
520-0113
Land Assessment
$391,300
Improvements Assessment
$400,000
Total Assessment
$791,300
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Peters Creek Flex Industrial | 3783-3785 Peters Creek Rd
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