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3607 Williamson Rd NW

13,431 SF Retail Building Roanoke, VA 24012 £1,157,463 (£86/SF) 7.50% Net Initial Yield

Executive Summary

Strong NN Lease To Major Retailer, With New 5 year Lease in Place And Two 5 Year Renewal Options Remaining. Landlord Only Responsible For Roof & HVAC Over $2,500. The Tenant Reimburses For Taxes And Insurance. Great Location At The Corner Of Williamson Rd, & Oakland BLVD In Roanoke, VA. Currently Offered At A 7% CAP ON Net Income!!!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,431 SF
Building Class
C
Year Built
1960
Price
£1,157,463
Price Per SF
£86
Net Initial Yield
7.50%
NOI
£86,810
Tenancy
Single
Number of Floors
1
Building FAR
0.48
Land Acres
0.64 AC
Zoning
CN
Parking
15 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
151 ft on Williamson Rd

Nearby Major Retailers

Buddy's Home Furnishings
Rent-A-Center
Premier Rental Purchase
IHOP
Starbucks
Logan's Roadhouse
Cheddar's Scratch Kitchen
Smokey Bones Bar & Fire Grill
Waffle House
Cook Out

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2090102
Land Assessment
£169,004
Improvements Assessment
£388,030
Total Assessment
£557,034
  • Listing ID: 31736550

  • Date on Market: 08/05/2024

  • Last Updated:

  • Address: 3607 Williamson Rd NW, Roanoke, VA 24012

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