Listing Agency: Vesta Realty, LLC j**@vesta-now.com Show Phone

Listed By: Jon J. Fidero · License #0225227245 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 12 Last Checked: Aug 12 at 10:19AM

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Investment Insights

Based on property information with market context.

This property offers furnished office space, with the option to include existing office furniture. A notable feature is the large, 500-square-foot warehouse storage area, suitable for companies in the trades. The location provides direct access to US 340, facilitating convenient travel to Luray and areas north of town. Ample parking is available.

Key Highlights

• Excellent location directly off US 340, providing easy access to Luray and areas north of town.
• Includes a large 500 square foot warehouse storage space, ideal for companies in the trades.
• Furnished office space (furniture included, if desired).

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.16 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 22835, VA

11,561

Population

6,291

Households

1.8

Avg Household Size

48

Median Age

21%

College-Educated

86%

High-School Grad

149.6 sq mi

ZIP Area

77

Density / Sq Mi

$57,365

Median Household Income

$33,499

Median Earnings

$836

Median Rent

$245,900

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Furnished office space with warehouse, convenient location, ample parking.

Where is this office units located?

The property is located at 2134 Us Highway 340 N Luray, VA.

What is the lease rate?

The lease rate is $600/Mo.

What are key features of this property?

This property features: Excellent location directly off US 340, providing easy access to Luray and areas north of town.; Includes a large 500 square foot warehouse storage space, ideal for companies in the trades.; Furnished office space (furniture included, if desired).