Map of Property

For Lease

Prime Salem / Roanoke Corner Property

201 Electric Rd, Salem, VA 24153

7,980

SF Available
Located off Electric Rd at the corner of Springfield Rd and Electric RdPresented 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 has 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 and is also offered for sale at a negotiable price.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 and is also offered for sale at a negotiable price.

Rental Details

  • Number of spaces 1
  • Total square feet available 7,980 SF
  • For Lease $15.95/SF/YR
  • Space Types Retail
  • Lease Type NNN
  • Date Updated Jun 23, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

For Lease 1 Space Available

Contacts

Thom Hubard, CCIM

Poe & Cronk Real Estate Group

Building Details

  • 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 Jun 23, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (55)

  • Bike Score ®

    Somewhat Bikeable (29)
Powered by Walk Score ®

Location

  • City Salem, VA
  • Zip Code 24153

Points of Interest

Speedway

1.18 miles

Pure Oil

1.47 miles

Shell

1.81 miles

Sheetz

1.95 miles

Exxon

2.10 miles

BP

2.34 miles

Mobil

2.39 miles

Liberty

2.41 miles

Kroger Fuel

2.75 miles

Mason Creek Greenway Parking

1.28 miles

Faculty/Staff/Commuter Parking

1.35 miles

Faculty/Staff Parking

1.39 miles

Admissions Guest Parking

1.43 miles

Parking Lot Y

1.52 miles

Parking Lot Z

1.52 miles

Food Lion

1.60 miles

Roanoke Grocery Market

1.65 miles

More Supermarket

1.90 miles

The Dilly Dally

2.05 miles

Burlington

2.72 miles

Big Lots

2.73 miles

Food Giant

2.97 miles

Walmart Supercenter

3.37 miles

Roanoke Natural Foods Co-op

3.49 miles

201 Electric Rd Listing Summary

  • The Price for Retail Space at 201 Electric Rd

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 201 Electric Rd, asking rent starts at $$15.95/SF/YR per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 201 Electric Rd

    The property exclusively contains Retail space totaling 7,980 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 201 Electric Rd, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
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  2. 2Extra information
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