Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Rad Wyatt
704.714.2368 Office
704.379.1988 Fax
wyatt@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
   
Keagy Village

OFFERING SUMMARY

Keagy Village is a 51,584 SF retail center located in Roanoke, VA. The Center's ideal location on Electric Road (26,000 VPD) is directly across the street from Allstate who employees 2,000+ individuals. Built in 2008 Keagy Village boasts an attractive bricks and mortar facade with a faux second floor. Major tenants in the center include Dunkin' Donuts and Firehouse Subs.

SUBMARKET OVERVIEW

Roanoke, VA is located in the southern most end of the Shenandoah Valley. Keagy Village enjoys the strong demographics ($80,477 average hh income in a 1-mile radius with 111,530 people in a 5-mile radius) of the western Roanoke submarket.

 

DEMOGRAPHICS
   
  1 Mile 3 Mile 5 Mile  
2017 Population Projection 4,751 43,798 111,530  
2012 Estimate 4,680 43,022 109,800  
Growth 2012 - 2017 1.52% 1.80% 1.58%  
Growth 2000 - 2012 0.32% 1.89% 2.63%  
2012 Est. Average HH Income $80,477 $67,174 $64,713  
 
Profiles
  Map/Directions
Name Keagy Village
Address 5010 Keagy Road
Market Roanoke, VA
Size 51,584 SF
Occupancy 17%
Year Delivered 2008
Total Land Size 14.61 Acres
Parking 202 Spaces
Pro Forma NOI $425,192
Existing NOI $31,049
   
Anchor Tenants Lease Expiration Square Feet
Dunkin' Donuts 03/31/2019 1,937
Firehouse Subs 04/30/2019 2,037
   
NET OPERATING INCOME -
   
CAP RATE -
   
OFFERING PRICE Unpriced
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