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1318 Hillside Ave
Harrisonburg, VA 22801
James Madison Square · Property For Lease

PROPERTY FACTS

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 11,480 SF
Year Built 2007

ABOUT THE PROPERTY

Starbucks Anchored Center @ Main Entrance to JMU 2,068sf restaurant ready unit in Starbucks anchored center located immediately next to Interstate 81 exit 245 and across the main entrance of James Madison University. Traffic counts in excess of 26,000 daily are supplemented by a large amount of pedestrian traffic from parking fields for students driving to campus. Harrisonburg is the fastest growing City in Virginia, recently surpassing Charlottesville, and the Harrisonburg metro is the second fasting growing in the state. The market was recognized as one of the top twenty emerging metros in the U.S. as job gains, wages, real retail sales growth, and building permits continue to outpace most of the Commonwealth of Virginia on a percentage basis. With 21% growth over the last ten years, new employment opportunities, and the continued expansion economic drivers this trend is expected to continue. The metro area population exceeds 130,000 and the actual trade area is expanded with Harrisonburg' s status as a regional destination for consumers well outside the traditional drive-time radius. The metro attracts shoppers from 20+ miles away with an estimated market served population of 222,000. In addition to James Madison University (22,000 students), the Harrisonburg metro is home to three other colleges and universities. Eastern Mennonite University, with an enrollment of 1,870; Bridgewater College has 1,800 students; and Blue Ridge Community College adds 7,315 students to the area.

  • Pylon Sign
  • Listing ID: 4224438

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 1318 Hillside Ave, Harrisonburg, VA 22801

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