3260 Electric RD, Roanoke, VA 24018
$1,700,000
Property Type:
Commercial
Lot Size (sq. ft.):
43,560
Status:
Closed
Current Price:
$1,700,000
List Date:
7/30/2019
Last Modified:
12/27/2024
Overview
Description
Retail strip center located in SW Roanoke County. At the intersection of 2 of Roanoke's busiest arterials, Brambleton Ave and Electric Rd. The area is packed with national retailers within a dense retail hub, including two Kroger centers. Located at a connection node between several trade areas with an average household income in excess of $94,000 (3 mile radius). Features include an attractive, modern facade, plenty of parking, and access to a lighted intersection. Several national tenants. Recent occupants included fast food concepts to cell phone providers. Center is well positioned to attract a variety of tenants. Significant upside by leasing up the current vacant suites. Currently offered for lease at $16 PSF + CAM's.
Listing Details MLS# 861717
Location, Tax & Legal
- Area
- 0230 - Roanoke County - South
- Street Number
- 3260
- Street Name
- Electric
- Street Suffix
- RD
- State/Province
- VA
- Zip Code
- 24018
- Municipality
- Roanoke County
- Major Area
- 02 - Roanoke County
- Legal
- Tax ID # 077-13-05-48-01
- Tax ID
- 077.13-05-48.01-0000
- Annual Taxes
- 17229
- Zoning Code
- C2C
General Property Description
- Construction Status
- Completed
- Year Built
- 2004
- Lot Dimensions
- 71 FT Frontage Facing Electric Rd
- Total Acreage
- Yes
- Road Frontage
- 71
- Flood Area
- No
- Gross Lot SqFt
- 43560
- On site Parking
- Yes
- Parking Spaces
- 50
- Gross Building SqFt
- 10535
- Retail SqFt
- 10535
- Lease Available
- Yes
- Leaseable SqFt
- 142800
- Basement Y/N
- No
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2019-08-07
- Sold Date
- 2019-12-09
Business Type
- Type of Business (Historical Field)
- Retail Investment
Remarks & Misc
- Directions
- Corner of Electric and Brambleton Ave. across the parking lot from Ruby Tuesday.
More Information
Limited Service
- Not Limited Service
- Yes
Commercial Type
- Retail
- Yes
Views
- City
- Yes
Sale Includes
- Building & Land
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Electric
- Yes
Income & Expenses
- Gross Income
- 210262
- Gross Expenses
- 53329
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Levels
- One
- Yes
Internet Access
- Cable
- Yes
Floors
- Carpet
- Yes
- Concrete
- Yes
Topography
- Level
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Retail
Sale Includes:
Building & Land
Levels:
One
Heating:
Heat Pump
Cooling:
Electric
Floors:
Carpet; Concrete
Manufactured Homes:
No HUD Tag
Water Description:
Public
Sewer Description:
Public Sewer
Internet Access:
Cable
Topography:
Level
Listing Office:
WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 27 - 2024
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
