ADDRESS:Lot 12 (Sub lots 1-10) St. John Road
400 Electric Road
CITY:Salem
STATE:VA
ZIP:24153
TYPE: Office/Warehouse
STATUS: For Lease
For Sale
BUILDING SQ FT:11,990
LEASABLE SQ FT:1,199X 10 units
LEASE RATE:$10.00 per SF net
ZONING:HM

PROPERTY DESCRIPTION:
The Enterprise Center

OTHER INFORMATION:
The first small attached warehouse building built with common roof on ten individual fee simple lots in the entire Roanoke Valley. For Sale first and For Lease by some purchasers when built.

St. John Place Commerce Center, 400 Electric Road, Salem, Virginia. A completely new business and warehouse park for discriminating business owners and tenants. Only opportunity for small business investor user to get in private space and own it.

Great access to Route 419 and I-81. Brand new for 2007. Prefer lease 3-5 years, 2% annual increase. Tenant pays POA dues monthly. Twenty parking spaces.


CONTACT: Read Lunsford
OFFICE PHONE: (540) 982-0011
DIRECT PHONE: (540) 862-0022
MOBILE: (540) 520-1298
FAX: (540) 862-9022
EMAIL: read@ReadLunsford.com
WEB: www.readlunsford.com


CONTACT: Lynn Hall
OFFICE PHONE: (540) 982-0011
DIRECT PHONE: (540) 982-0011
MOBILE: (540) 353-5966
FAX: (540) 344-1730
EMAIL: lhall@hallassociatesinc.com
WEB: http://www.LHall.net