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Executive Park 5306-5346 Peters Creek Rd 54,000 SF 89% Leased Flex Building Roanoke, VA 24019 $7,325,000 ($135.65/SF) 8.12% Cap Rate
Investment Highlights
- High Traffic and Highly Visable Location
- Easy Access to ROA (Roanoke/Blacksburg Regional Airport)
- Easy Access to I81, I581 and US220
Executive Summary
5306–5346 Peters Creek Road | Executive Park
Roanoke, Virginia
Executive Park at 5306–5346 Peters Creek Road is a six (6) building professional office campus totaling approximately ±54,000 square feet, situated on just over ±5.1 acres along one of Roanoke’s most established commercial corridors.
The property is zoned C-2 (General Commercial), allowing for a broad range of commercial uses including office, medical, retail, service, and other general business applications. This flexible zoning enhances both tenant diversity and long-term investment stability.
The campus-style layout features six standalone buildings designed for multi-tenant or single-building occupancy. Suites offer efficient configurations suitable for professional offices, medical users, and service-based businesses. The expansive ±5.1-acre parcel provides ample paved parking, strong internal circulation, and prominent frontage along Peters Creek Road.
Strategically positioned in Northwest Roanoke, the property benefits from:
• High visibility along Peters Creek Road
• Strong daily traffic counts
• Easy ingress and egress
• Immediate access to I-581 and I-81
• Proximity to Downtown Roanoke and surrounding retail corridors
• Convenient access to Roanoke-Blacksburg Regional Airport
Property Highlights:
• Six (6) total commercial buildings
• ±54,000 SF combined building area
• ±5.1-acre campus setting
• Zoned C-2 (General Commercial)
• Ample on-site parking
• Flexible user and investment potential
Executive Park presents a rare opportunity to acquire a large-scale commercial campus in a high-demand Roanoke corridor, offering flexibility, visibility, and long-term upside potential.
Property Facts
| Price | $7,325,000 | Lot Size | 5.12 AC |
| Price Per SF | $135.65 | Rentable Building Area | 54,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.12% | Year Built | 1971 |
| Property Type | Flex | Parking Ratio | 3.33/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 10’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Zoning | C-2 - Commercial | ||
| Price | $7,325,000 |
| Price Per SF | $135.65 |
| Sale Type | Investment |
| Cap Rate | 8.12% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 5.12 AC |
| Rentable Building Area | 54,000 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 3.33/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | C-2 - Commercial |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
Utilities
- Water - County
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
- -
- -
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Lorem Ipsum
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Jan 0000
Direct Deals offers big box retail merchandise for bargain prices in the Roanoke Valley. New items added weekly!
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- Services
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Lorem Ipsum
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Jan 0000
Girl Scouts of Western New York (GSWNY) is a regional council of Girl Scouts of the USA, headquartered in Cheektowaga, New York. Formed on July 1, 2008 through the merger of four legacy councils, GSWNY serves girls in nine counties across Western New York, including Erie, Niagara, Monroe, and surrounding areas. The organization provides programs focused on leadership development, STEM education, outdoor activities, life skills, and entrepreneurship for girls in grades K–12. GSWNY operates as a 501(c)(3) nonprofit and is part of the national Girl Scouts movement founded in 1912. The council maintains multiple service centers and camp properties to support its mission of building girls of courage, confidence, and character.
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- Services
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Lorem Ipsum
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Jan 0000
Local full-service beauty salon located in Roanoke, Virginia. In operation since 2021.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 | |
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Services | - | - | Lorem Ipsum | Jan 0000 | |
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Services | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 5330D1
- 2,675 SF
- Flex
- -
- Now
Suited for a salon or retail service space. Great frontage and high visibility. By I-581 and I-81, and 2 miles from the airport. 24,000 vehicles per day drive by the location. Lots of parking - over 200 parking spots.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 5330D1 | 2,675 SF | Flex | - | Now |
| 1st Fl - 5338D | 2,319 SF | Flex | Shell Space | Now |
| 1st Fl-Ste 5346C | 1,080 SF | Retail | - | Now |
1st Fl - 5330D1
| Size |
| 2,675 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| Now |
1st Fl - 5338D
| Size |
| 2,319 SF |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 5346C
| Size |
| 1,080 SF |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
1st Fl - 5338D
| Size | 2,319 SF |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
Suited for a salon or retail service space. Great frontage and high visibility. By I-581 and I-81, and 2 miles from the airport. 24,000 vehicles per day drive by the location. Lots of parking - over 200 parking spots.
1st Fl-Ste 5346C
| Size | 1,080 SF |
| Space Use | Retail |
| Condition | - |
| Available | Now |
Demographics
Regional Accessibility
Property Taxes
| Parcel Number | 037.08-01-09 | Improvements Assessment | $1,889,400 |
| Land Assessment | $974,600 | Total Assessment | $2,864,000 |
Property Taxes
Presented by
Executive Park | 5306-5346 Peters Creek Rd
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