3226 N Valley Pike, Harrisonburg, VA 22801
sale
$5,250,000
|
Other
Courtesy Of Cottonwood Commercial LLC
Exceptional 52,000 SF flex industrial asset situated on a flat 6.26 acres, offering an ideal blend of immediate 6.92% CAP rate and sticky regional tenancy. Ideally located just 1/2 mile from the I-81 interchange with prominent Route 11 frontage and visibility, this property directly serves the heavy freight traffic of I-81 (52,000 AADT), which is currently benefiting from a $200M+ three-lane widening project and the local agriculture economy. The facility is anchored by two premier commercial vehicle service tenants essential to the Valley's logistics ecosystem: Rice Tire, a trusted anchor with 13+ years of operating history at this site, and Vanguard Truck Centers, featuring specialized investments spec'd directly to their operational needs. With a low utilization on the flat 6.26 acres providing ample fleet staging, , and major infrastructure tailwinds, this asset delivers stable going-in cash flow coupled with long-term real estate value along a major East Coast logistics corridor
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Property Features
- Age: Over 50 Years Old
- MLSID: 681660
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