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Former Walmart Neighborhood Market 3419 Orange Ave NE
41,117 SF of Retail Space Available in Roanoke, VA 24012
Sublease Highlights
- New Construction in Excellent Location Along Major Traffic Route.
- Great Access, Visibility, Parking, and Signage.
- Open Floor Plan with High Ceilings.
- Signalized Intersection with Multiple Access Points.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 41,117 SF | 15 ft - 17 ft | Jan 2035 | £7.43 /SF/PA £0.62 /SF/MO £80.01 /m²/PA £6.67 /m²/MO £305,634 /PA £25,469 /MO | Triple Net |
1st Floor
Presented by Zack May of Poe & Cronk Real Estate Group. Excellent freestanding big box retail location available for sublease in Roanoke, VA. Formerly a Walmart Neighborhood Market, this 41,117 SF building is in great condition and located at a perfect in-fill location in an established retail trade area. The property is situated at a major intersection on Route 460 East (Orange Ave), a primary east/west traffic artery with traffic counts north of 39,000 vehicles per day. Floor plan is wide open with high ceilings and available for many possible uses. Great visibility, multiple points of access, and abundant dedicated parking on site. Call Zack May (302)448-9821 today for more information or to schedule a property visit.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- High End Trophy Space
- 1 Loading Dock
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Print/Copy Room
- Security System
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 15 ft - 17 ft
- Drive Thru
- Fully Built Out as a Grocery Store.
- Wide open Floor Plan for any Big Box Retailer.
- Drive-Thru Equipped.
- Rear Loading Dock.
- Great Location
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 agent 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 3419 Orange Ave NE , Roanoke, VA 24012
| Property Type | Retail | Total Land Area | 4.80 AC |
| Property Subtype | Supermarket | Year Built | 2015 |
| Gross Internal Area | 41,117 SF | Parking Ratio | 3.53/1,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Internal Area | 41,117 SF |
| Total Land Area | 4.80 AC |
| Year Built | 2015 |
| Parking Ratio | 3.53/1,000 SF |
About the Property
Newly constructed freestanding big box retail location available for sublease in Roanoke, VA. Formerly a Walmart Neighborhood Market, this 41,117 SF building is in excellent condition and located at a perfect in-fill location in an established retail trade area. The property is situated at a major intersection on Route 460 East (Orange Ave), a primary east/west traffic artery with traffic counts north of 39,000 vehicles per day. Floor plan is wide open with high ceilings and available for many possible uses. Great visibility, multiple points of access, and abundant dedicated parking on site.
- 24 Hour Access
- Banking
- Bus Route
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
- Accent Lighting
- Recessed Lighting
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
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Former Walmart Neighborhood Market | 3419 Orange Ave NE
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