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    3901 Old Forest Rd Lynchburg, VA 24501

    For Lease
    $36 SF/Yr

    Lynchburg, VA retail space available.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is located at 3901 Old Forest Rd, Lynchburg, VA 24501, within the highly sought-after Fresh Market Station shopping center. The property offers a total of 10,000 square feet across two suites, with one inline space currently available. This space boasts a minimum divisible size of 1,500 square feet and a maximum contiguous size of 1,500 square feet, making it ideal for a variety of retail businesses. The center enjoys a prime location, benefiting from high demographics and strong traffic counts, ensuring excellent visibility and accessibility for potential tenants. The property is part of a 100% leased shopping center, indicating a strong and stable tenant base. The Fresh Market serves as a significant anchor tenant, drawing substantial foot traffic to the center. This rare vacancy presents a unique chance to establish a presence in a thriving retail environment with a proven track record of success. The property's location in Lynchburg, Virginia offers easy access to major transportation routes and a robust local customer base. This is a turn-key opportunity for a business seeking a well-established and high-traffic location. Interested parties should inquire promptly as this space is expected to lease quickly.

    Property Features for 3901 Old Forest Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    30000

    Unit(s) available at that property

    Space
    Available Space #4 Suite 702
    Size
    2,126 SF
    Rate per SF
    $36

    HighLights

    • 2,126 SF space available February 1, 2024.
    • Existing tenant downsizing in adjacent building.
    • Space will be delivered as a vanilla shell.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jersey Mike's Subs Sandwich Shop Supercuts Beauty Salon Massage Envy Massage Spa Petco Pet Store Chipotle Mexican Grill Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -79.22373701363
    Latitude
    37.398029548539

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    FAQs

    What type of property is this?
    Retail property - Lynchburg, VA retail space available.
    Where is this retail property located?
    The property is located at 3901 Old Forest Rd Lynchburg, VA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 2,126 SF space available February 1, 2024.; Existing tenant downsizing in adjacent building.; Space will be delivered as a vanilla shell.
    Request Owner's contact information
    3901 Old Forest Rd Lynchburg, VA 24501
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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
    3901 Old Forest Rd Lynchburg, VA 24501
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