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Home News Harrisonburg retail center sells for $5.275M

Harrisonburg retail center sells for $5.275M

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

Published January 14, 2020 by Sydney Lake

Harrisonburg retail center on University Avenue
Tenants at the retail strip on University Avenue include Buffalo Wild Wings.

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.

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