Former Kroger Regional Headquarters Sold for $3.125 Million


RICHMOND, VA (October 2021) – S.L. Nusbaum Realty Co. is pleased to announce the sale of 3631 Peters Creek Road in Roanoke, VA. Fenton Childers and Austin Newman, SIOR represented the seller, Kroger Limited Partnership I.

The building was constructed in 1983 and Kroger was the owner/occupant until 2020. The 58,690 square foot, two-story office building sits on 9.5 acres and functioned as the company’s headquarters for the Mid-Atlantic Division.

Broker Fenton Childers knows the property well, as he previously served as Kroger’s Real Estate Manager for the Mid-Atlantic Division and worked in the building for 34 years. He recently retired from Kroger and began a new career with S.L. Nusbaum Realty Co. “It was a pleasure to serve Kroger again and assist in the sale of this property”, said Childers. 

The property was purchased for $3,125,000 by The Branch Group, Inc., a Roanoke based firm, represented in the transaction by Steve Zegarski and Jason Fountain of Waldvogel Commercial Properties, Inc. 

For more information, please contact: Fenton Childers, Commercial Brokerage, S.L. Nusbaum Rty Co., fchilders@slnusbaum.com, 804.320.7600.

 

With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.

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