Property profile

740 Town Center Dr Waynesboro, VA 22980

OFF-MARKET
Lifestyle centers
13,565 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity presents 13,565 square feet of space within the Waynesboro Town Center, a regional power center strategically located in Waynesboro, Virginia. The property boasts a single, large suite currently offering 1,500 square feet of immediately available space, perfect for a variety of retail uses. The center enjoys a high-traffic location in the southeast quadrant, conveniently situated near the intersection of I-64 and Rosser Avenue/Route 340, ensuring excellent visibility and accessibility for customers within the Shenandoah Valley. The property's address is 740 Town Center Drive, Waynesboro, VA 22980. This prime location offers businesses the chance to tap into a robust local market and benefit from the high volume of traffic generated by its proximity to major roadways. The existing building provides a solid foundation for a new tenant, with ample space to customize and adapt to specific business needs. The 1,500 square feet of vacant space presents a unique opportunity for expansion or a new venture in a thriving commercial area. This is an ideal location for businesses seeking high visibility and convenient access for their customers. The property's size and location make it an attractive investment for businesses looking to establish or expand their presence in the Waynesboro market. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

Property profile

Verified
Property type Lifestyle centers
Total area 13,565 SF

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
  • Take-out & Catering
  • Telecommunications Service Data Center

Location

740 Town Center Dr Waynesboro, VA 22980
Waynesboro 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 740 Town Center Dr?
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