2075 E MARKET ST, HARRISONBURG, Virginia 22801 - $2,016,667
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
This site sits along Harrisonburg’s East Market Street, the primary retail corridor of the city and home to the largest concentration of the market’s national retail tenants. Commuter traffic funneled between Interstate 81 to the north and Rockingham County to the south supply this frontage with approximately 29,000 vehicles per day. The site is only minutes away from the area’s main office concentration and James Madison University, the city’s largest educational institution and strongest economic driver, ensuring a reliable customer base is present year-round. The triple-net status of this lease affords the buyer a zero-responsibility arrangement, with no real estate tax, property insurance, utility, or maintenance fees required of the buyer. A recurring 10% rent escalation is included every five years through the standing 15-year lease term, with the next escalation planned for April of 2027. This is backed by a reliable guaranty from the franchisor, Quick Lube of Carolina, LLC that further strengthens the backing for investment.
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
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Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Cottonwood Commercial LLC represents the interest of the seller 540-434-9922 675788. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.