Harrisonburg retail center sells for $5.275M

The property was 100% leased at the time of sale.

Published January 14, 2020 by Sydney Lake

A retail center in Harrisonburg adjacent to James Madison University has sold for $5.275 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Tuesday.

Tenants at the 11,900-square-foot retail strip on University Avenue include Buffalo Wild Wings, BurgerIM, Sports Nutrition and Dunkin’. The shopping center was 100% leased at the time of the deal that closed on Dec. 12, 2019.

Tim Reamer of Cottonwood Commercial represented the seller in brokering a deal between Yim & Pifer LLC to HDJR United LLC.

Cottonwood Commercial serves the Shenandoah Valley region and finished 2019 with nearly $80 million in sales or leasing. The brokerage is part of the Kline May Co. which brokered more than $300 million last year.