Your email has been sent.
5306 Peters Creek Rd 54,000 SF 96% Leased Flex Building Roanoke, VA 24019 $7,325,000 ($135.65/SF) 8.10% Cap Rate
Investment Highlights
- Don’t miss the opportunity to acquire Executive Park, a six-building office campus prominently positioned in Roanoke, Virginia.
- Logistics are a breeze with a strategic location adjacent to Roanoke-Blacksburg Airport, Western Virginia's primary commercial airport.
- Positioned along Peters Creek Road with high traffic exposure and direct connectivity to Interstates 81, 581, and US Route 220.
- Nearby retailers and restaurants support daily tenant needs and workplace appeal, including Bojangles, Dollar General, and Kroger.
Executive Summary
The property features six professional office buildings totaling approximately 54,000 square feet on just over 5.1 acres. Located on one of Roanoke’s most prominent commercial corridors, Executive Park offers excellent visibility and easy access for tenants and guests alike. The C-2 (General Commercial) zoning allows for a broad range of uses. Office, medical, retail, service, and other business applications are all supported. This flexibility attracts diverse tenants and strengthens long-term investment stability. Each of the six standalone buildings supports multi-tenant or single-occupant configurations. Suites are efficient for professional offices, medical practices, and service-based businesses. The campus provides ample paved parking, strong internal traffic flow, and prominent road frontage. Executive Park delivers a solid and attractive presence in an established business district.
This site in Roanoke offers buyers a convenient location next to Roanoke-Blacksburg Airport, a prominent regional airport that saw a record-breaking 756,308 passengers in 2024. The area is growing and includes several retailers, restaurants, and services. Offices like the Department of Motor Vehicles and the United States Postal Service are close by. Stores such as Walgreens, Starbucks, Lowe’s, Marshalls, and Target are all accessible, making errands easy for employees before or after work and during lunch. The property’s proximity to major interstates enables employees, guests, and visitors to commute seamlessly. Just north of Downtown Roanoke, the location suits business operations well. Executive Park offers investors an attractive combination of scale, flexible zoning, strong location, and long-term tenant appeal in a growing Roanoke market.
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 | 8.10% | Year Built | 1971 |
| Property Type | Flex | Parking Ratio | 3.33/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 10’ |
| Building Class | C | 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 | 8.10% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| 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
-
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
Direct Deals offers big box retail merchandise for bargain prices in the Roanoke Valley. New items added weekly!
-
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
Girl Scouts of the United States of America is a national nonprofit organization that delivers educational and leadership programs for girls across the United States and in select overseas communities. Founded in 1912 by Juliette Gordon Low, the organization was incorporated in 1915 and has maintained its national headquarters in New York City since that time. The organization operates through a decentralized structure of local councils that administer programs, volunteer engagement, and community activities at the regional level. Girl Scouts provides structured programming focused on leadership development, outdoor education, life skills, and civic engagement. Participants progress through age-based levels and may earn awards that recognize achievement and service. One of the organization’s most recognized initiatives, the Girl Scout Cookie Program, was introduced nationally in the 1930s and continues to serve as a primary fundraising and financial literacy activity.
-
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
Selah Beauty began with a mission to create a space for beauty and self-discovery. The company offers esthetic services designed to make clients feel radiant inside and out. They provide customized facials and advanced treatments using premium skincare products. Selah Beauty's philosophy combines artistry with a commitment to client well-being. The studio focuses on delivering transformative experiences that boost confidence and promote relaxation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
|
Services | - | - | Lorem Ipsum | Jan 0000 | |
|
|
Services | - | - | Lorem Ipsum | Jan 0000 |
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
5306 Peters Creek Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.