2131 Valley View BlvdRoanoke, VA 24012

Property Details for 2131 Valley View Blvd

Lot size

2.29 AC

Property size (Sq ft)

11,346 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a fully leased, 11,346 square foot Class B executive office building situated at 2131 Valley View Blvd NW, Roanoke, VA 24012. The property boasts a strong 6.50% cap rate, a current NOI of $156,021, and a compelling asking price of $2,400,000 ($211.53/SF). Currently 100% occupied since January 1, 2023, under a net lease with a corporate guarantee, the tenant enjoys a 6-year lease (with 4.1 years remaining) featuring 3% annual rent escalations and a 1-5 year renewal option. The property sits on a 2.29-acre lot zoned MX(c) and benefits from excellent visibility and convenient access to major roadways. The lease includes supplemental income from a Verizon antenna. Minimal landlord responsibilities make this an ideal investment for a 1031 exchange or passive income seekers. Further lease details are available upon execution of a confidentiality agreement. This is a rare opportunity to acquire a high-quality, stable income-producing asset in a desirable Roanoke location.

Location Insight

City

Roanoke

County

Roanoke

State

Virginia

Latitude

37.3109

Longitude

-79.9644

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