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Divisible Inline Retail Space
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990 Hopeman Parkway, Waynesboro, VA 22980

Existing infrastructure and a flexible layout support a range of commercial configurations.

Space Size4,800 SF
Property Size46,872 SF
Days on Market2

Property Features for 990 Hopeman Parkway

General Information

Standard status Active
Size 4,800 SF
Net Rentable 4,800 SF
Property subtype Retail
Zoning Commercial

Space & Availability

Available Space 4,800 SF
Contiguous Space 4,800 SF
Divisible Yes
Space Use Retail

Site & Location

End Cap No
Anchor Co-Tenants Food Lion, Dollar General
Traffic Count 8,100 vehicles/day
Road Access Yes

Amenities

exterior signage opportunities
resurfaced and restriped parking lot
upgraded LED lighting

Building Details

Building Size 46,872 SF
Tenancy Multi
Listed By: Dean Watkins
Source: Mackenziecommercial
Added: Oct 30 Last Checked: Oct 30 at 2:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dean Watkins

Rey
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Investment Insights

Based on property information with market context.

This 4,800 SF ± inline retail space at Hopeman Plaza Shopping Center is divisible and includes existing infrastructure for a new build-out. Recent site work includes resurfacing and restriping the parking lot, along with upgraded LED lighting. Exterior signage opportunities are available, with storefront exposure along Hopeman Parkway and rear access from King Avenue.

The shopping center includes Food Lion and Dollar General. Hopeman Parkway traffic counts are 8,100 vehicles per day, and more than 480 residential units nearby are approved or under construction. Retail, fitness, medical, and personal service uses are identified as potential fits for the space.

Key Highlights

  • 4,800 SF ± divisible inline retail space
  • Existing infrastructure in place for build‑out
  • Food Lion and Dollar General anchor the shopping center

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Skyline JiuJitsu Training Center Coinstar Kiosk - Bitcoin ... Atm Food Lion Grocery & Convenience Store Dollar General Discount Store ATM Atm

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Parts Store

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

8,100 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Waynesboro, VA

$13.6 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
5,770 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Existing infrastructure and a flexible layout support a range of commercial configurations.
Where is this retail space located?
The property is located at 990 Hopeman Parkway Waynesboro, VA.
What are key features of this property?
This property features: 4,800 SF ± divisible inline retail space; Existing infrastructure in place for build‑out; Food Lion and Dollar General anchor the shopping center
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