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Poe & Cronk Real Estate Group
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Roanoke, Virginia 24011
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The Tower, Roanoke, Virginia

Poe & Cronk Announces New Lease and Sale of Investment Property at Crossroads Mall

Regency Beauty Institute, Roanoke, VA ROANOKE, VA - Poe & Cronk Real Estate Group today announced the lease and sale of 5200 Cross Road, Roanoke, Virginia, the former location of Blockbuster Video Store at Crossroads ] Mall.

The 6,400 SF building was leased by Poe & Cronk to Regency Beauty Institute, a national Beauty School offering a comprehensive cosmetology program. The Long Term Triple Net Lease and property was purchased for $1,150,000.

Barry Ward represented the Seller in both the lease and sale, while Cindy Fendley, CCIM and Bryan Musselwhite represented the Purchaser in this transaction.

About Poe & Cronk

Poe & Cronk (www.poecronk.com) is locally owned and internationally recognized as a leading full-service commercial real estate company. A team of real estate professionals with more than 200 combined years of experience offers expertise in marketing and managing commercial, industrial and investment properties. Organized in 1987, Poe & Cronk provides comprehensive commercial, industrial and investment real estate services throughout Western Virginia.