October 9, 2012 
Small Business of the Year
 
Have You Heard? 

    

Greetings!
 

The Grapevine is pleased to announce that EHS Support Services has been named Small Business of the Year by the Roanoke Regional Chamber of Commerce.

 

The ink is barely dry on a new 10,000 square foot lease we negotiated with EHS. We are honored to work with such great people and wish them continued success in their new setting. Congratulations! See all the Small Business category winners here.  

 

Featured Property: 
Radford- Free-Standing Retail Store   
 

FOR SALE -
Hot retail location on the main road between Radford and the rest of Pulaski County. Across the street from Kroger, Burger King and McDonald's. Same side of the street as Wilco-Hess, Bojangles and Hardees and new commercial development. Traffic counts off the charts at 27,000 daily! Property is situated above roadway for optimal visibility. 6,000 s.f. of power retail space within a free-span metal building. Parking in front and rear.

Call Bryan or Richard for more information.
Focus on 460 (East)       

Grapevine Goes "On Location" to Examine Preferred Sites   
                                       

Our inaugural Grapevine video takes a look at the best development sites on 460 from Williamson Road to King Street. (Traffic counts on this section of 460 exceed 40,000 cars per day!) Join us in our luxurious surroundings as we discuss the pros and cons of some of these properties.

 

Focus On 460 - Part 1
Focus On 460 - Part 1

 

Issue: 16              
In This Issue
Featured Property
Focus on 460 (East)
What did it sell for?



701 3rd Street SW
Roanoke, VA

Last month, this Old SW apartment building sold for $47.28 per square foot or $39,792/unit. That's just 3% over assessed value, but $97,000 over the previous sale in 2003. The CAP rate was 9.7% of the declared NOI.       

 

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Contact US
 

Richard Wellford, CCIM
(540) 855-3648
 Email
VCard


Bryan Musselwhite
(540) 855-3654
Email
VCard
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Richard Wellford and Bryan Musselwhite
Commercial Real Estate Grapevine