- For Lease $15.95/SF/YR
- Property Type Retail - Street Retail
- Property Size 7,980 SF
- Lot Size 1.26 Acre
- Year Built 1989
- Date Updated Sep 18, 2026
Description
Located off Electric Rd at the corner of Springfield Rd and Electric RdPresented exclusively for sale by Poe & Cronk Real Estate Group, 201 Electric Road offers a 7,980± square foot commercial building situated on approximately 1.26 acres at a highly visible signalized corner along one of the Roanoke Valley’s established commercial corridors.
Positioned at a signalized intersection with strong exposure along Electric Road, the site is well suited for an owner-user, investor, or redevelopment buyer seeking prominent commercial location and broad reuse potential.
The existing improvements and site configuration can accommodate a range of retail, medical, professional office, service, showroom, and other commercial applications.
The 1.26± acre corner site also offers a repositioning or redevelopment opportunity. The combination of visibility, access, existing improvements, and a proven commercial setting provides opportunity to reuse the existing building, adapt it to a new commercial use, or evaluate the site for a more intensive long-term use.Presented by Thom Hubard and Stephen Pendergrass of Poe & Cronk Real Estate Group – 201 Electric Rd., offers a 7,980 sq. ft. stand alone building on a 1.26 acre parcel. The building is in Class A condition with a fully equipped kitchen. The property is located on a signalized corner with frontage on busy Electric Rd. Parking lot has space for 100 vehicles.
This property is for lease at $15.95 psf NNN.
True
1 Space Available
201 Electric Rd
Space Type
Retail
Lease Rate
$15.95/SF/YR
Total Space
7,980 SF
Divisible Space
7,980 - 7,980 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Thom Hubard, CCIM
Poe & Cronk Real Estate Group
Location
Contact Listing Broker
Thom Hubard, CCIM
Poe & Cronk Real Estate Group