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Retail Space in Wards Crossing
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4028 Wards Rd, Lynchburg, VA 24502

Retail space in a high-traffic, anchored shopping center.

Space Size4,729 SF
Property Size81,064 SF
Days on Market1960

Property Features for 4028 Wards Rd

General Information

Standard status Active
Size 4,729 SF
Total Parking Spaces 565
Property subtype Retail

Building Details

Building Size 81,064 SF
Year Built 2001
Tenancy Multiple

Spaces For Lease

at 4028 Wards Rd Contact us

Suite B2

Size
4,729 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Rivercrest Realty Associates LLC
Listed By: Alexis Johnson · License #NC 296101
Source: Crexi
Added: Apr 10, 2021 Changed: Aug 13 Last Checked: Aug 21 at 12:08PM

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 Rivercrest Realty Associates LLC

Investment Insights

Based on property information with market context.

Wards Crossing is a power center anchored by Target, Michaels, and Aldi, situated in Lynchburg, off Wards Road/Bus 29 and Route 460. The center benefits from high visibility and daily traffic counts exceeding 41,000 cars per day. Located less than 2 miles from Liberty University, which has over 100,000 students, Wards Crossing features a mix of national and local tenants, including Barnes & Noble, Hallmark, The UPS Store, Glamour Nails & Spa, Blaze Pizza, and Five Guys. Internet cafes are not permitted.

Key Highlights

  • Anchored by Target, Michaels, and Aldi, attracting consistent customer traffic
  • High visibility location on Wards Road/Bus 29 and Route 460
  • High traffic counts exceeding 41,000 cars per day

Property Analytics

Current Use

Target Mobile Mobile Phone Store Starbucks Cafe & Coffee Shop CVS Pharmacy Pharmacy Target Grocery Grocery & Convenience Store Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
127k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 94% Hotels & Casinos 6%
Chick-fil-A Dining
56,518 visits/mo 0.5 miles
Olive Garden Dining
24,100 visits/mo 0.2 miles
Golden Corral Dining
17,914 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
17,483 visits/mo 0.2 miles
Homewood Suites Hotels & Casinos
4,196 visits/mo 0.4 miles

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

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
Rey
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Similar Off Market Nearby

  • Wards Crossing Wards Ferry Rd, Lynchburg, VA 24502
  • University Square 4010 Wards Rd Suite C, Lynchburg, VA 24502

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a high-traffic, anchored shopping center.
Where is this shopping center located?
The property is located at 4028 Wards Rd Lynchburg, VA.
What are key features of this property?
This property features: Anchored by Target, Michaels, and Aldi, attracting consistent customer traffic; High visibility location on Wards Road/Bus 29 and Route 460; High traffic counts exceeding 41,000 cars per day
More about this property
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