2350 Peters Creek RdRoanoke, VA 24017

Green Ridge Center, a Class B mixed-use property in Roanoke, VA, is offered at $1,649,000. This 13,908 square foot shopping center boasts excellent visibility on Peters Creek Road, a major thoroughfare. The property comprises two buildings totaling 13,908 net rentable square feet, built in 1988, situated on a 1.23-acre lot with 46 parking spaces. Building 1 (2350 Peters Creek Rd NW) is 5,268 square feet and houses three tenants. Building 2 (2363 Peters Creek Rd NW), encompassing 8,640 square feet, features six 1,440 square foot bays, with two tenants occupying two bays each. A Domino's Pizza, a tenant since 1988, anchors the second building, alongside another tenant since 2012. The property features a new roof installed in 2018 and offers 3,526 square feet of contiguous space ideal for an owner-occupant or new tenant. The property's zoning is CN, and it offers a pro-forma cap rate of 7.67% and a pro-forma NOI of $126,535. This investment opportunity presents strong potential due to its location, long-term tenants, and available space.