1604 Stone Port Blvd - Fast Food FOR SALE


Harrisonburg, VA 22801
$1,306,600 USD
631-991-1525
1604 Stone Port Blvd, Harrisonburg, VA for Sale
$1,306,600 USD
Fast Food - FOR SALE
1/9
null | 6.75% Cap Rate

1604 Stone Port Blvd
Harrisonburg, VA 22801


HIGHLIGHTS

  • Strategically positioned within the Stone Port commercial corridor, one of Harrisonburg’s strongest retail and mixed-use growth areas.
  • Minutes from James Madison University, a major economic driver with a large student and employment base.

OVERVIEW

Silber Investment Properties is pleased to offer for sale a single-tenant NNN-leased Moe's Southwest Grill located at 1604 Stone Port Blvd in Harrisonburg, Virginia. Offered at $1,306,600 reflecting a 6.75% cap rate on $88,200 in annual rent. The property features a true NNN lease structure with minimal landlord responsibilities, a 2030 lease expiration, and one 5-year renewal option with rent increases to Fair Market Value. The 3,053 SF building sits on 0.97 acres in the heart of the Stone Port commercial corridor one of Harrisonburg's primary retail growth nodes. The site benefits from strong traffic exposure with Port Republic Road and Stone Spring Road each carrying approximately 14,000 VPD, and I-81 within close proximity at 57,000+ VPD. Surrounding national co-tenancy includes Wendy's, Bojangles, Walmart, Costco, Chipotle, Taco Bell, and CubeSmart. The property is also minutes from James Madison University, a major demand driver for the immediate trade area.

FOR SALE DETAILS

PRICE

$1,306,600 USD

PRICE/SF

$428 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moes Southwest Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,609 SF

ZONING

B1

APN/PARCEL ID

125-25-L11

ASK ABOUT THIS PROPERTY

Chris MadlonSilber Investment Properties, LTDMore Info
631-991-1525

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Chris MadlonSilber Investment Properties, LTDMore Info
631-991-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.