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    8004 Timberlake Rd Lynchburg, VA 24502

    Sponsored
    For Lease
    $29 SF/Yr

    Lynchburg, VA Shopping Center

    Lot size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Oakwood Plaza, a brand-new Class A retail center in Lynchburg, VA, offers 9,000 square feet of prime retail space. Built in 2023, this property sits on 2 acres of land and is zoned B-3. The center boasts excellent visibility and high traffic counts due to its strategic location on Timberlake Road, near major retailers such as Sheetz, Wendy's, Kroger, Lowe's, and numerous medical offices. It's also less than 10 minutes from Liberty University. The property features abundant parking and easy access. Individual suites range from 1,500 to 9,000 contiguous square feet, with a minimum divisible space of 1,500 square feet. The property is currently configured as a single suite, but can be subdivided. This location benefits from its proximity to other retail centers, restaurants, entertainment venues, schools, and multi-family residential areas. The rental rate is $29.00 per square foot, plus $2.00 per square foot for common area maintenance (CAM). This presents a unique opportunity for businesses seeking high-traffic exposure in a thriving Lynchburg community. The address is 8004 Timberlake Road, Lynchburg, VA 24502.

    Property Features for 8004 Timberlake Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,000 SF
    Class
    A
    Total Rate
    21750

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $29

    HighLights

    • 9,000 SF of brand‑new Class A retail space in Lynchburg, VA.
    • Located on 2 acres at 8004 Timberlake Road, Lynchburg, VA 24502, zoned B‑3.
    • Excellent visibility and high traffic counts on Timberlake Road, near major retailers and Liberty University.
    • Abundant parking and easy access.
    • Suites range from 1,500 to 9,000 contiguous SF, divisible to 1,500 SF minimum.
    • $29/SF rental rate, plus $2/SF CAM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Luxury Nail Spa ... Nail 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
    Lynchburg City
    State
    Virginia
    Longitude
    -79.228655821131
    Latitude
    37.349974310076

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    FAQs

    What type of property is this?
    Lifestyle center - Lynchburg, VA Shopping Center
    Where is this lifestyle center located?
    The property is located at 8004 Timberlake Rd Lynchburg, VA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 9,000 SF of brand-new Class A retail space in Lynchburg, VA.; Located on 2 acres at 8004 Timberlake Road, Lynchburg, VA 24502, zoned B-3.; Excellent visibility and high traffic counts on Timberlake Road, near major retailers and Liberty University.
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    8004 Timberlake Rd Lynchburg, VA 24502
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    Lynchburg, VA 24502
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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
    8004 Timberlake Rd Lynchburg, VA 24502
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