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Tanglewood Mall 4420 Electric Rd 950 - 57,950 SF of Space Available in Roanoke, VA 24014
HIGHLIGHTS
- Space Available for Retail, Office, Medical & Entertainment uses
- Strategically located within close proximity to the highest income households in Roanoke
- Features diversified tenants comprised of medical, grocery, restaurants, service, entertainment and soft goods
- The Premier, Mixed-Use Power Retail Center in the heart of Roanoke
- 22 colleges within a 60-mile radius of Roanoke including Virginia Tech, Radford University, Roanoke College, and VMI
- 54% of visitors to Tanglewood travel over 5 miles due to specialists visits
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste G 01-02 | 35,364-47,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste M-10 | 950 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
4208-4346 Electric Rd - 1st Floor - Ste G 01-02
- Fits 89 - 376 People
4208-4346 Electric Rd - 1st Floor - Ste M-10
Former dessert/food space: 950 SF inline space with prime exposure on the exterior of Tanglewood Mall. The unit features two entrances: one at the front and another conveniently located inside the mall near a high-traffic entrance. This lucrative location benefits from patrons entering and exiting the adjacent mall entrance. Includes a large outdoor area, perfect for potential uses such as outdoor dining.
- Fits 3 - 8 People
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste G 01-02 | 35,364-47,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste M-10 | 950 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste OP | 1,000-10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
4208-4346 Electric Rd - 1st Floor - Ste G 01-02
- Fits 89 - 376 People
4208-4346 Electric Rd - 1st Floor - Ste M-10
Former dessert/food space: 950 SF inline space with prime exposure on the exterior of Tanglewood Mall. The unit features two entrances: one at the front and another conveniently located inside the mall near a high-traffic entrance. This lucrative location benefits from patrons entering and exiting the adjacent mall entrance. Includes a large outdoor area, perfect for potential uses such as outdoor dining.
- Fits 3 - 8 People
4208-4346 Electric Rd - 1st Floor - Ste OP
- Space is an outparcel at this property
- Drive Thru
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
| Total Space Available | 57,950 SF | Frontage | 2,314’ on Electric Rd |
| Min. Divisible | 950 SF | Gross Leasable Area | 764,146 SF |
| Center Type | Regional Mall | Total Land Area | 55.61 AC |
| Parking | 3685 Spaces | Year Built | 1973 |
| Stores | 76 | Cross Streets | US 419 & I-220 |
| Center Properties | 11 |
| Total Space Available | 57,950 SF |
| Min. Divisible | 950 SF |
| Center Type | Regional Mall |
| Parking | 3685 Spaces |
| Stores | 76 |
| Center Properties | 11 |
| Frontage | 2,314’ on Electric Rd |
| Gross Leasable Area | 764,146 SF |
| Total Land Area | 55.61 AC |
| Year Built | 1973 |
| Cross Streets | US 419 & I-220 |
ABOUT THE PROPERTY
TANGLEWOOD, 4420 Electric Road, Roanoke, VA 24018 A premier, mixed-use power retail center located in the heart of Roanoke, Virginia with leasing opportunities. 802,093 SF shopping mall that has transformed into a powerhouse retail center in the heart of Roanoke, Virginia. Featuring a diverse tenant lineup of high-traffic generators comprised of grocery, medical, retail, and entertainment. The all-star anchors include Kroger, TJ Maxx & HomeGoods, Burlington Stores, Inc., Belk, and Carilion Clinic, as well as many great national restaurant chains like Chipotle Mexican Grill, Blaze Pizza, LLC, Jersey Mike's Subs, and more.
- Corner Lot
- Food Court
- Restaurant
- Signage
- Kiosk/Cart Space
- Enclosed Mall
- Drive Thru
NEARBY MAJOR RETAILERS
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Tanglewood Mall | 4420 Electric Rd
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