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Investment Highlights

  • Strong regional draw from Christiansburg, Blacksburg, and Roanoke
  • Approximately 30 on-site parking spaces with space to build out more
  • Fully leased-triple net asset
  • Excellent access to Route 460 and major Christiansburg retail nodes
  • 4,000 - 7,500 SF of adaptable retail/entertainment space

Executive Summary

This property is a fully leased triple net asset,
The building features open-span construction, functional ceiling height, and adaptable floor plates suitable for retail, medical, service, experiential, or specialty commercial users.? The configuration supports flexible demising or single-tenant occupancy, providing leasing optionality and diversified income strategy potential.?
Located within minutes of Virginia Tech, Lewis Gale Hospital (HCA), Carilion Clinic, and Interstate 81, the property benefits from durable healthcare, university, and regional retail demand drivers.? The site is positioned in a visible commercial corridor with strong daily traffic and established surrounding tenancy.?

Property Facts

Price $3,000,000
Price Per SF $400
Sale Type Investment
Cap Rate 4%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Daycare Center
  • General Retail Storefront Retail/Residential
  • OfficeLoft Creative Space
Building Class B
Lot Size 1.42 AC
Rentable Building Area 7,500 SF
No. Stories 1
Year Built 1988
Tenancy Single
Parking Ratio 1.97/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning B3
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
026163
Land Assessment
$315,200
Improvements Assessment
$394,800
Total Assessment
$710,000
  • Listing ID: 40898910

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 77 Scattergood Dr NW, Christiansburg, VA 24073

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