113 Founders Way 7,493 SF 100% Leased Retail Building Strasburg, VA 22657 $828,000 ($110.50/SF) 6.43% Cap Rate

Edward Jones was founded in 1922 by Edward D. Jones Sr. as a financial services firm built around serving individual investors rather than institutions. The company has grown into a North American wealth management business centered on financial advice, brokerage, retirement planning, education savings, insurance, and related investment services. Edward Jones emphasizes branch-based client relationships and a long-term investing approach, while the company has introduced new products, expanded banking capabilities, and pursued a broader effort to serve clients more completely.

In 1902, a Methodist minister, Reverend Edgar J. Helms, pioneered an organization in Boston’s South End that gave people hope, dignity, and independence. Fifty-three years later, a small group of concerned Hagerstown businessmen saw the need for their community to join Rev. Helms’ movement, now known as Goodwill Industries, which became the 100th Goodwill franchise in the United States. At that time, Hagerstown was the smallest city in America to have such a franchise. The founders were Richard Grumbacher, Max Greenwald, D. E. Stultz, J. H. Bayliss, Harold Porter, and David W. Byron. Harvey Kettering was hired as the first CEO of the new organization. By August 1955, 17 persons were employed, and their first store was opened on September 30, 1955. Mr. Kettering served in his role as CEO until 1959. During his tenure, stores were opened in Hagerstown, Hancock, Cumberland, Waynesboro, and Martinsburg.