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Leased Auto Shop
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1870 E MARKET ST, Harrisonburg, VA 22801

Retail automotive building occupied by Jiffy Lube with an existing lease term remaining.

Property Size2,610 SF
Lot Size0.94 Acres
Days on Market171

Property Features for 1870 E MARKET ST

General Information

Standard status Active
Size 2,610 SF
Lot size 0.94 Acres
Property subtype CommercialLease

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Cottonwood Commercial LLC
Listed By: Tim Reamer · License #0225195571
Source: Raycaddellrealestate
Added: Mar 28 Changed: Sep 12 Last Checked: Sep 13 at 11:38AM

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 LLC

Investment Insights

Based on property information with market context.

This auto shop property includes a 2,610-square-foot retail building leased to Jiffy Lube. The current lease has approximately 3.5 years remaining, providing an established occupancy profile for the asset. The improvements sit on 0.94 acres and are configured for an automotive service use.

The property is located at 1870 E Market St in Harrisonburg, Virginia, near Interstate 81. Surrounding commercial context includes national retailers, restaurants, and regional shopping destinations. James Madison University is also minutes away and is identified as a major economic driver for the area.

Key Highlights

  • Leased to Jiffy Lube with approximately 3.5 years remaining on the current lease
  • 2,610 SF retail building on 0.94 acres
  • 1870 E Market St, Harrisonburg, VA 22801

Property Analytics

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Current Use

Jiffy Lube Multicare Auto Repair Shop

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Storage Facility Florist

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,202
Businesses Nearby
673k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 32% Dining 21% Groceries 18% Superstores 17%
Target Superstores
115,385 visits/mo 0.3 miles
Martin's Food Market Groceries
60,219 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
54,107 visits/mo 0.2 miles
T.J. Maxx Apparel
46,500 visits/mo 0.3 miles
Kohl's Apparel
41,209 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • TotalAuto Electric Solutions 228 Emerald Dr, Harrisonburg, VA 22801
  • Steven Nissan Service Center 2275 E Market St, Harrisonburg, VA 22801
  • Mr. Tire Auto Service Centers 2151 E Market St, Harrisonburg, VA 22801
  • Take 5 Oil Change 2075 E Market St, Harrisonburg, VA 22801
  • AAMCO Transmissions & Total Car Care 1851 Reservoir St, Harrisonburg, VA 22801

Frequently Asked Questions

What type of property is this?
Auto shop - Retail automotive building occupied by Jiffy Lube with an existing lease term remaining.
Where is this auto shop located?
The property is located at 1870 E MARKET ST Harrisonburg, VA.
What are key features of this property?
This property features: Leased to Jiffy Lube with approximately 3.5 years remaining on the current lease; 2,610 SF retail building on 0.94 acres; 1870 E Market St, Harrisonburg, VA 22801
More about this property
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