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4320-4324 Brambleton Ave
Roanoke, VA 24018
Willow Oak Square · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
7,062 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,062 SF
Building FAR
0.28
Lot Size
0.57 AC
Zoning
C2
Parking
55 Spaces (5.1 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Air Conditioning

About 4320-4324 BRAMBLETON AVE , ROANOKE, VA 24018

Willow Oak Square is a strategically located and 100% occupied commercial investment opportunity strategically located on Brambleton Avenue SW surrounded by some of the most affluent neighborhoods in Roanoke. The building has been well maintained and was substantially renovated in 2006, including a new architectural shingle roof, fully weatherized vinyl soffits, new gutters, updated wiring, and more. The current tenant mix includes medical office, salon, and traditional office space. Most of the tenants have occupied the property for at least 10 years, and one has continuously occupied the property since 1981. All utilities at the property are separately metered, creating ease of management and low overhead for a relatively passive cash flow opportunity. Offered at an 8.68% CAP Rate, which includes a 5.00% vacancy allowance and 5.00% in funded reserves, the property offers a tremendous return for the quality and stability of the investment. Contact agent for detailed pro forma.

Property Taxes

Property Taxes

Parcel Number
077.17-05-13
Land Assessment
$227,800
Improvements Assessment
$525,600
Total Assessment
$753,400
  • Listing ID: 14822847

  • Date on Market: 1/10/2019

  • Last Updated:

  • Address: 4320-4324 Brambleton Ave, Roanoke, VA 24018

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