Harrisonburg retail center sells for $5.275M
The property was 100% leased at the time of sale.
Published
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.
Related Stories
Two retail spaces in Harrisonburg sell for $5.25M
Tenants include Starbucks, Potbelly and Sleep Number
Roanoke shopping center sells for $2.8M
Springwood Park tenants include State Farm and Tryal Jewelry.
Harrisonburg Dairy Queen sells for $1.15M
The drive-through franchise will remain in the building.
