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5461 Fallowater Ln
Roanoke, VA 24018 Cave Spring

$4,911 USD/MO

Medical For Lease  •  4,533 SF

Property Details

  • Property Type Medical
  • Year Built 1991
  • Total Building Size 12,248 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C2C
0 Transit Score
40 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste C Office 4,533 SF $13.00 USD/SF/YR
Recently renovated office space in amazing location with ample parking, dedicated entrance and on the ground floor.

Rental rate starting at $13.00 and up to $16.00/SF based on overall lease terms.

Most of the furniture, including cubicles, convey!

  • Date available: Now
  • Lease term: 1 - 10 Years
  • Service type: Modified Gross
  • Built out as: Standard Office
  • Space Type: Relet

Description

Recently Renovated Office Space in Prime Cave Spring Location!

Offering 4,533 square feet of professional office space, 5461 Fallowater Lane presents an exceptional leasing opportunity in Roanoke’s highly desirable Cave Spring area. This Class B, ground-floor suite features a dedicated private entrance and benefits from a comprehensive renovation completed in 2019.

The renovation included new interior paint, updated flooring, new doors, the addition of multiple private offices, a modern break-room, and ADA-compliant bathroom upgrades—delivering a refreshed, functional, and professional environment ready for immediate occupancy. The fully built-out layout provides flexibility for a variety of office users while supporting efficient workflows and employee comfort.

Tenants will enjoy abundant surface parking, excellent visibility, and convenient access for both staff and visitors. The property is located within a well-maintained office building with complementary professional tenants and boasts exceptional drivability with close proximity to area retail, dining, and services.

Lease terms are negotiable, with competitive rental rates ranging from $13.00 to $16.00 per square foot based on lease structure. This is a rare opportunity to secure recently renovated office space in one of Southwest Roanoke’s most established business corridors, available May 2026.

Amenities

  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
First Choice Title and Settlement
Medusind 12/31/2023
The Bullington Law Firm

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.6 mi
AirportDriveWalkDistance
Roanoke/Blacksburg Regional (Woodrum Field) 20 min - 10.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Brian McCahill 540-204-4247 R. Fralin & Associates
Brian McCahill 540-204-4247 R. Fralin & Associates