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    101 Junction Dr Ashland, VA 23005

    For Lease
    $16 SF/Yr

    High-traffic retail spaces in prime location.

    Lot size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail opportunity is located at 101 Junction Drive in Ashland, Virginia, within the thriving Ashland Junction Shopping Center, zip code 23005. The property offers two available spaces, ideal for a variety of retail businesses. Space sizes range from 1,200 square feet to 2,400 square feet, providing flexibility for different operational needs. The center boasts a strong tenant mix, including established national brands such as Roses, CVS, Sherwin Williams, and Anytime Fitness, ensuring high visibility and foot traffic. This strategic location at the intersection of Route 1 and Junction Drive provides excellent accessibility and exposure to a large customer base. The property is situated in Hanover County, Virginia, a rapidly growing area with a robust economy and a thriving community. This is a rare chance to secure retail space in a well-established shopping center with a proven track record of success. The property's prime location and strong tenant mix make it an attractive investment for businesses seeking high visibility and a steady stream of customers. Contact us today to learn more about this exciting opportunity and schedule a viewing.

    Property Features for 101 Junction Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,600 SF

    Unit(s) available at that property

    Space
    Suite 121
    Size
    1,200 SF
    Rate per SF
    $16
    Space
    Suite 149
    Size
    2,400 SF
    Rate per SF
    $16

    HighLights

    • Two retail spaces available, 1,200 - 2,400 square feet, in Ashland Junction Shopping Center, Ashland, VA (23005).
    • Strong tenant mix including Roses, CVS, Sherwin Williams, and Anytime Fitness.
    • High visibility location at Route 1 and Junction Drive intersection.
    • Located in rapidly growing Hanover County, VA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roses Discount Store Discount Store

    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
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.4701075
    Latitude
    37.7545357

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail spaces in prime location.
    Where is this retail property located?
    The property is located at 101 Junction Dr Ashland, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Two retail spaces available, 1,200 - 2,400 square feet, in Ashland Junction Shopping Center, Ashland, VA (23005).; Strong tenant mix including Roses, CVS, Sherwin Williams, and Anytime Fitness.; High visibility location at Route 1 and Junction Drive intersection.
    Request Owner's contact information
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    Ashland, VA 23005
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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
    101 Junction Dr Ashland, VA 23005
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