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414 9th St SE 4,645 SF 100% Leased Retail Building Roanoke, VA 24013 $760,384 CAD ($163.70 CAD/SF) 5.03% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% occupancy
- Corner Location at Dale and 9th Street
- Exterior Wall Mounted Lights
- Leased to Commonwealth of Virginia
- Pylon Lighted Sign
EXECUTIVE SUMMARY
Explore this exceptional investment opportunity leased to the Commonwealth of Virginia in the Roanoke area. The property at 414 9th St SE, Roanoke, VA, 24013 features a well-maintained 4,645 SF building, constructed in 2005 and zoned CN(C). Currently boasting 100% occupancy, this prime commercial real estate offers a lucrative prospect for office and office building investors looking to capitalize on a thriving market. With its modern construction and ideal zoning, this property is poised to deliver strong returns and long-term value. Don't miss the chance to add this impressive asset to your portfolio in the dynamic Roanoke area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,645 SF
Building Class
B
Year Built
2005
Price
$760,384 CAD
Price Per SF
$163.70 CAD
Cap Rate
5.03%
NOI
$38,284 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.31 AC
Zoning
CN(c) - Commercial- Neighborhood Conditional
Parking
9 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
130’ on 9th
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 411-2708 | Improvements Assessment | $489,059 CAD |
| Land Assessment | $123,908 CAD | Total Assessment | $612,967 CAD |
PROPERTY TAXES
Parcel Number
411-2708
Land Assessment
$123,908 CAD
Improvements Assessment
$489,059 CAD
Total Assessment
$612,967 CAD
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414 9th St SE
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