Technical
Financial
Distress signals
Property profile

1645 Reservoir St Harrisonburg, VA 22801

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving national bubble tea franchise in Harrisonburg, Virginia. Located at 1645 Reservoir St, 22801, this 1,200 square foot retail space boasts eight years of consistent operation and profitability, even under absentee ownership. The franchise enjoys a prime location with high foot traffic, particularly from nearby university students, and has cultivated a strong local following as the only national bubble tea brand in the area. Financial records reveal a gross revenue of $407,000 and a cash flow of $73,000. The asking price is $150,000, which includes $75,000 in furniture, fixtures, and equipment (FF&E) and $15,000 in inventory. Monthly rent is $2,500, making this a compelling net lease investment. The business has a proven track record of success and presents a rare opportunity to acquire a well-established, cash-flowing enterprise with significant growth potential. This turnkey operation is ideal for an investor seeking a low-management, high-return investment in a vibrant market. The property is offered as a net lease.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Military Recruiting Office
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store
  • Cosmetic Store
  • Travel Agency
  • Hardware & Home Improvement Furniture & Home Goods

Location

1645 Reservoir St Harrisonburg, VA 22801
Harrisonburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1645 Reservoir St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message