1740 E Market St - Storefront Retail/Office FOR SALE
Harrisonburg, VA 22801 |
1740 E Market St
Harrisonburg, VA 22801
HIGHLIGHTS
- Value-Add Opportunity – Ownership has agreed to sign a 2-year lease to commence at the end of escrow to provide investors with income
- World’s Largest Tire Manufacturer – Firestone is a wholly-owned subsidiary Bridgestone Retail Operations, LLC, which has four retail brands
- Major University Nearby – James Madison University is located 1 mile away from this site. With over 20,000 students enrolled annually
- Affluent Retail Trade Area – The subject property is located along East Market Street or Highway 33, which sees over 30,000 vehicles per day.
- Recent Lease Extension – Firestone extended out their lease for 8 years beginning May 2022 with a 5% rental increase in year 5.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Firestone Strip Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
20926
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
078-A-2
