Medical Office in Prime
For Lease
$15 SF/Yr
1947 Medical Avenue, Harrisonburg, VA 22801
Two-story medical office space for lease near JMU.
Space Size10,950 SF
Lot Size1.02 Acres
Days on Market85
Property Features for 1947 Medical Avenue
General Information
Standard status
Active
Size
10,950 SF
Class
B
Lot size
1.02 Acres
Property subtype
Office - Medical Office
Building Details
Building Size
10,950 SF
Spaces For Lease
at 1947 Medical Avenue Contact us- Size
- 10,950 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
1947 Medical Ave $15/SF/Yr
Listing Agency:
Cottonwood Commercial
(540) 383-6692
Listed By:
Jason Song · License #0225194315
Source:
Commercialcafe
Added: May 19
Changed: Aug 8
Last Checked: Jul 16 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cottonwood Commercial
Investment Insights
Based on property information with market context.
This well-maintained, two-story brick medical office condominium offers 10,950 square feet of space. Constructed in 1998, the property features a functional layout that includes 20 exam rooms, 18 offices, a conference room, and 9 restrooms. Additional amenities include multiple storage rooms, a kitchen/meeting room, and 3 separate entrances. The property is situated on a 1.02-acre site with ample parking. Located in a strong medical and retail corridor, the property is surrounded by national retailers and professional offices. It is located 0.5 miles from James Madison University and less than 2 miles from Sentara RMH Medical Center. The property is suitable for continued medical or professional office use. The current tenant's lease expires August 31, 2026, after which it converts to month-to-month until the tenant relocates. The tenant pays property taxes, insurance, and all repairs and maintenance except the roof under the NN lease.
Key Highlights
- Currently leased to UVA Pediatrics, lease expiring August 31, 2026, for immediate rental income.
- Located in a strong medical and retail corridor near James Madison University and Sentara RMH Medical Center.
- Well‑maintained 10,950 SF two‑story brick medical office condominium.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,452
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22801, VA
40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical office space for lease near JMU.
Where is this medical office space located?
The property is located at 1947 Medical Avenue Harrisonburg, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Currently leased to UVA Pediatrics, lease expiring August 31, 2026, for immediate rental income.; Located in a strong medical and retail corridor near James Madison University and Sentara RMH Medical Center.; Well‑maintained 10,950 SF two‑story brick medical office condominium.
