Listing Agency: Cushman & Wakefield | Thalhimer - Lynchburg Show Phone

Listed By: George Lupton, III Show Phone

Source: Moodyscre

Added: Jan 25, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:38AM

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Investment Insights

Based on property information with market context.

This property offers space suitable for retail or office use, situated in an area with a high per capita income within Lynchburg. The location provides convenient access to the Route 501 bypass. On-site parking is ample. Premium interior upgrades are available throughout the property. The property offers 1000 square feet of space.

Key Highlights

• Great location in a high per capita income area.
• Ample on‑site parking.
• Easy access to Rt. 501 bypass.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon

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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Explore this area Business Placement

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 - Retail or office spaces with ample parking and premium upgrades.

Where is this office units located?

The property is located at 5998-6000 Boonsboro Rd Lynchburg, VA.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Great location in a high per capita income area.; Ample on‑site parking.; Easy access to Rt. 501 bypass.