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    3412 Waterlick Rd Lynchburg, VA 24502

    Sponsored
    For Lease
    Contact for pricing

    Prime Lynchburg retail space, multiple units available.

    Lot size:
    98,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Waterlick Plaza, located at 3412 Waterlick Rd in Lynchburg, Virginia (zip code 24502), offers exceptional retail and restaurant opportunities. This well-located center serves the southern and western areas of Lynchburg and its surrounding communities. The property, encompassing a total of 98,920 square feet, currently has 15,164 square feet of vacant space available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,113 square feet to a maximum contiguous space of 6,031 square feet. The property is conveniently situated near the intersection of Waterlick Road and Timberlake Road, ensuring high visibility and accessibility for businesses. Ideal for a variety of retail concepts, this property presents a unique chance to establish or expand your business in a thriving Lynchburg market. The address is easily accessible and benefits from strong traffic patterns. Campbell County is the location of this retail center. This is a storefront property type. Serious inquiries are encouraged to explore the available spaces and their potential.

    Property Features for 3412 Waterlick Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,920 SF

    Unit(s) available at that property

    Space
    Unit 3
    Size
    2,373 SF
    Space
    Unit 7
    Size
    2,280 SF
    Space
    Unit 1
    Size
    1,280 SF

    HighLights

    • Strong tenant mix including Dollar Tree, Subway, and Wells Fargo.
    • Excellent location near Lynchburg Regional Airport, Liberty University, and Poplar Forest.
    • Ample parking with 500+ spaces.
    • High traffic counts: 13,000 VPD on Waterlick Rd and 24,000 VPD on Timberlake Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mi Patron Mexican ... Mexican Restaurant New China Chinese Restaurant Pizza Hut Pizza Delivery Subway Sandwich Shop LONDON HAIR CO. Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Campbell
    State
    Virginia
    Longitude
    -79.24857927
    Latitude
    37.32960637

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    FAQs

    What type of property is this?
    Restaurant - Prime Lynchburg retail space, multiple units available.
    Where is this restaurant located?
    The property is located at 3412 Waterlick Rd Lynchburg, VA.
    What are key features of this property?
    This property features: Strong tenant mix including Dollar Tree, Subway, and Wells Fargo.; Excellent location near Lynchburg Regional Airport, Liberty University, and Poplar Forest.; Ample parking with 500+ spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3412 Waterlick Rd Lynchburg, VA 24502
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