Log In/Sign Up
Your email has been sent.
3488 SW Aerial Way Dr
Roanoke, VA 24018
Builders FirstSource | Annual Increases · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Recent Early Renewal | 12+Years Remaining | Options To Extend | 1.5% Annual Rental Increases | Below Market Rent
- Strategic Location | Easy Transportation Access
- Fee Simple Ownership | NNN Lease | Minimum Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• BFS Operations LLC d/b/a Builders FirstSource recently executed a lease amendment extending the term through June 2039, with two additional 5-year renewal options.
• The tenant has operated at the site for over 20 years, demonstrating strong commitment and long-term tenancy.
• The lease features 1.5% annual rent increases throughout the initial term, with CPI-adjusted increases at the commencement of each option period.
• The tenant is paying below-market rent at only $4.95/SF/Yr, providing future upside potential.
• The tenant has operated at the site for over 20 years, demonstrating strong commitment and long-term tenancy.
• The lease features 1.5% annual rent increases throughout the initial term, with CPI-adjusted increases at the commencement of each option period.
• The tenant is paying below-market rent at only $4.95/SF/Yr, providing future upside potential.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 521-0702 | Improvements Assessment | $2,217,278 CAD |
| Land Assessment | $985,626 CAD | Total Assessment | $3,202,904 CAD |
PROPERTY TAXES
Parcel Number
521-0702
Land Assessment
$985,626 CAD
Improvements Assessment
$2,217,278 CAD
Total Assessment
$3,202,904 CAD
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
