1765 S High St - Freestanding FOR SALE


Harrisonburg, VA 22801
$6,500,000 USD
704-206-8339
1765 S High St, Harrisonburg, VA for Sale
$6,500,000 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

1765 S High St
Harrisonburg, VA 22801


HIGHLIGHTS

  • Renovated 2007
  • Great location with future development of 900+ mixed-income housing
  • 297 total marked spaces, including 9 handicap spaces
  • Year Built: 1984; renovated in 2007
  • Land: 5.919 acres (257,832 square feet)

OVERVIEW

Rockingham Square is a 55,848 square foot neighborhood shopping center that was built in 1984 and renovated in 2007. The shopping center is anchored by Food Lion, which has anchored the center for forty years and has enjoyed steadily increasing annual sales. The attractive center is currently 100% leased to six tenants.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rockingham Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

289

LAND DETAILS

LAND ACRES

5.92 AC

LAND SF

257,875 SF

ZONING

B2

APN/PARCEL ID

021-F-1

ASK ABOUT THIS PROPERTY

Phil NeariCollett & AssociatesMore Info
704-206-8339

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Phil NeariCollett & AssociatesMore Info
704-206-8339

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