3348 Orange Avenue Northeast
Roanoke, VA
Price:
$1,505,000
Cap Rate:
6.00%
NOI:
$90,205
Building Size:
Approx. 1,033 Sq. Ft.
Lot Size:
Approx. 1.52 Acres
Type:
Single-Tenant / Retail
Year Built:
1988
Investment Overview
- 1988 Construction. 1,033+/- SF Building On 1.52+/- Acre Site
- 8 Years Left On Absolute NNN Lease W/ 1.5% Annual Rental Increases
- Strategically Located Along Orange Avenue U.S. Route 460, A Primary Retail Corridor With 13,032+ VPD
- Qualifies For Bonus Depreciation, Enhancing After-Tax Investment Returns
- Located Within Four Miles Of Valley View Mall, An 844,193 SF Regional Center Anchored By Belk, JCPenney, Macy’s, Target And Walmart
- GPM Investments Is The 6th Largest Convenience Store Chain In The Nation, Operating Or Supplying Roughly 3,200 Sites Across 33 States
- Roanoke, VA | Named To Livability.com’s Top 100 Best Places To Live For A 2nd Consecutive Year In 2026 | Population: 99,532