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7000 Peters Creek Rd
1,825 SF of Retail Space Available in Roanoke, VA 24019
Highlights
- Located in High Growth North Roanoke County
- Pylon Monument Signage
- High Visibility
- Signalized Intersection
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,825 SF | Negotiable | $27.26 CAD/SF/YR $2.27 CAD/SF/MO $49,752 CAD/YR $4,146 CAD/MO | Triple Net (NNN) |
1st Floor
This 1,825 SF retail space is available for lease and offers prime visibility at a high-traffic, signalized intersection. With pylon signage placement, it ensures maximum exposure for your business. The location features strong retail synergies, positioned directly across from Kroger and adjacent to a Hyundai dealership, enhancing customer foot traffic. The area benefits from a substantial 5-mile population of 84,217 and a daytime population of 91,594, indicating a vibrant market. Notably, the space recently became available following the closure of a strong-performing US Cellular due to the T-Mobile acquisition. Conveniently located just 1.5 miles from Interstate 81, this property is accessible and ideal for attracting a diverse customer base. The lease rate is $25 per square foot, triple net (NNN), providing a competitive opportunity in a sought-after area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High Visibility
- Pylon Monument Signage
- Signalized Intersection
- Located in High Growth North Roanoke County
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 7000 Peters Creek Rd , Roanoke, VA 24019
Property Type | Retail | Year Built | 1978 |
Property Subtype | Freestanding | Parking Ratio | 6.12/1,000 SF |
Gross Leasable Area | 4,969 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 4,969 SF |
Year Built | 1978 |
Parking Ratio | 6.12/1,000 SF |
About the Property
This retail center is strategically located in high-growth north Roanoke County, offering a prime opportunity for businesses seeking visibility and accessibility. The center features a variety of retail spaces, including a recently vacated 1,825 SF unit, ideal for attracting diverse tenants. With high visibility at a signalized intersection, the property benefits from substantial traffic flow, enhancing exposure for all businesses within the center. The center is complemented by prominent pylon monument signage, ensuring that tenants are easily identifiable to both pedestrian and vehicle traffic. Located directly across from a Kroger grocery store and adjacent to a Hyundai dealership, the center enjoys strong retail synergies that drive customer traffic. Surrounded by a robust demographic base, the area boasts a 5-mile population of 84,217 and a daytime population of 91,594, creating a vibrant shopping environment. Additionally, with convenient access just 1.5 miles from Interstate 81, the property is well-positioned to attract customers from both the local community and passing travelers. Overall, this retail center presents an exceptional opportunity for businesses to thrive in a dynamic and expanding market.
Nearby Major Retailers
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7000 Peters Creek Rd
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