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141-161 Electric Rd
Salem, VA 24153

$5,250 - $6,329 USD/MO

Storefront For Lease  •  2,100+ SF

Property Details

  • Property Type Storefront
  • Year Built 1989
  • Total Building Size 82,894 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning HBD
0 Transit Score
40 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 11 Retail 2,450 SF $31.00 USD/SF/YR
Restaurant space available.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
1st Floor Ste 14 Retail 2,100 SF $30.00 USD/SF/YR
Retail space available.

  • Date available: 30 Days
  • Lease term: 1 - 10 Years
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

Kroger-anchored Lakeside Plaza offers retail space for lease in Salem, Virginia, at the busy intersection of U.S. 460 and State Route 419, located five miles west of the Roanoke Regional Airport and Valley View Mall.

Highlights

Vibrant shopping center anchored by Kroger, the dominant grocer in the market.
Home to Roanoke College and the Salem Red Sox, the minor league affiliate of the Boston Red Sox.
Busy intersection (34,400 ADT) at Main Street (U.S. 460) and Electric Road (State Route 419).
Over 51,600 people live within three miles with an average household income of over $79,000.
Key national tenants include Subway and Great Clips; Outparcel tenants include Starbucks, AT&T and McDonald's.
Located five miles west of the Roanoke Regional Airport and Valley View Mall.

Amenities

  • Pylon Sign

Major Tenants

Tenant SF Occupied Lease End Date
Boost Mobile 11/4/2019
Dollar Tree 3/31/2043
H&R Block
Hibachi Express
Kroger 1/1/2019
Mamma's Pizza
Metro by T-Mobile
NAPA Auto Parts
Pizza Hut
T & M Smoke Shop

Public Transportation

Commuter RailDriveWalkDistance
14 min - 6.0 mi
AirportDriveWalkDistance
Roanoke/Blacksburg Regional (Woodrum Field) 15 min - 5.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 398
Type: Surface
Included in Rent: Yes
Mark Porter 803-338-6004 Phillips Edison & Company
Mark Porter 803-338-6004 Phillips Edison & Company