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Property profile & analytics
OFF-MARKET
Strip malls

291 University Blvd Harrisonburg, VA 22801-3770

12,355 SF 2.05 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US87-2465117
Property summary
AI-generated overview

This exceptional 1,850 square foot retail space is located within a thriving 11,646 square foot strip center at 291 University Blvd, Harrisonburg, VA 22801. Built in 2015, this B2-zoned property sits on a 2.05-acre lot and offers excellent visibility and accessibility. The property benefits from strong co-tenancy, including established businesses like Buffalo Wild Wings and Dunkin’ Donuts, ensuring high foot traffic and brand synergy. Its strategic location, just half a mile from James Madison University (JMU), provides access to a substantial consumer base of approximately 22,000 students and 8,200 employees. Furthermore, the property is situated in the heart of Harrisonburg's primary office and commercial district, guaranteeing a robust and diverse customer demographic. The space is ideal for a variety of retail uses, offering a unique opportunity to establish a successful business in a high-demand location. The property's modern construction and prime location make it an attractive investment for businesses seeking to capitalize on the vibrant Harrisonburg market. With ample parking and excellent visibility, this retail space presents a compelling opportunity for growth and success. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 12,355 SF
Lot 2.05 ac (89,342 SF)
Zoning code GENERAL BUSINESS
APN 079 E 15
UPID US87-2465117
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Buffalo Wild Wings Restaurant
  • Dunkin' Cafe & Coffee Shop
  • 5 Star Nutrition Harrisonburg (Bike/Boat/Book/etc) Store Pharmacy
  • Harrisonburg CBD and Wellness by 5 Star Nutrition (Bike/Boat/Book/etc) Store Pharmacy
  • Pueblo Mágico Mexican Restaurant Restaurant
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
Hdjr United LLC · 6 yrs held
Hdjr United LLC
since 2019
5 recorded transactions
2020
Price N/A
2019
$5.3M
2019
Price N/A
2016
$5.0M
2009
$1.2M
Zoning & alternative use
GENERAL BUSINESS · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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