Planned Development Land with Retail
For Lease
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1600 Graves Mill Rd, Lynchburg, VA 24502
62.3-acre master-planned project offers approved retail pads and new construction space at a signalized intersection.
Space Size2,935 SF
Days on Market886
Property Features for 1600 Graves Mill Rd
General Information
Standard status
Active
Size
2,935 SF
Property subtype
RETAIL
Additional Details
Traffic Count
20,000 vehicles/day
Spaces For Lease
at 1600 Graves Mill Rd Contact us- Floor
- 1
- Size
- 2,935 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
1600 Graves Mill Rd
- Rosedale is a 62.3 acre planned development that will be one of the largest of...
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Contact us
Listing Agency:
Cushman & Wakefield | Thalhimer - Roanoke
(540) 767-3000
Listed By:
Clay Taylor · License #0225202311
(804) 819-9948
Source:
Moodyscre
Added: Apr 10, 2024
Changed: Aug 8
Last Checked: Sep 12 at 10:19AM
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 Cushman & Wakefield | Thalhimer - Roanoke
Investment Insights
Based on property information with market context.
Rosedale is a 62.3-acre planned development in Lynchburg built to support both residential and retail growth. The approved master plan contemplates a proposed 20,000 sf grocery anchor, 720 residential units, four pad sites, and over 70,000 leasable sf of additional new construction retail space, with flexibility described for a wide variety of uses. Built-to-suit, ground lease, and traditional leasing opportunities are available.
The project is located at a signalized intersection along Graves Mill Road with over 20,000 ADT. Construction and site work are currently underway, and phase I of the residential portion is slated for delivery by spring 2023 with 240 units. The development is described as fully funded and built by the developer, an experienced local operator.
The project is located at a signalized intersection along Graves Mill Road with over 20,000 ADT. Construction and site work are currently underway, and phase I of the residential portion is slated for delivery by spring 2023 with 240 units. The development is described as fully funded and built by the developer, an experienced local operator.
Key Highlights
- 62.3‑acre planned development with fully approved, entitled master plan
- Planned 20,000 SF grocery anchor plus 720 residential units
- Includes 4 pad sites and over 70,000 leasable SF of new construction retail space
Property Analytics
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Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 24502, VA
41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 62.3-acre master-planned project offers approved retail pads and new construction space at a signalized intersection.
Where is this commercial land located?
The property is located at 1600 Graves Mill Rd Lynchburg, VA.
What are key features of this property?
This property features: 62.3‑acre planned development with fully approved, entitled master plan; Planned 20,000 SF grocery anchor plus 720 residential units; Includes 4 pad sites and over 70,000 leasable SF of new construction retail space
