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Listed price in listed location currency (USD).
$2,016,667

000

MLS® 675788

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 3
Lot Size 
Approx. Age 1989
MLS® Number 675788

Property Address: 2075 E Market St, HARRISONBURG, VA, 22801-8837

Average square foot calculated using Size range provided by listing agent.

Description

The property sits on East Market Street (Route 33), the primary commercial corridor in the market area, with traffic counts of 29, 000 vehicles per day. As an outparcel to Skyline Village Shopping Center the subject property benefits from daily traffic generators in most of the most visited centers in Harrisonburg. The tenant operates under an absolute triple-net ground lease, assuming full responsibility for real estate taxes, property insurance, utilities, maintenance, and all common area obligations. The lease features 10% rent escalations every five years through the initial term and all four renewal options, delivering predictable income growth over a potential 35-year total occupancy. The lease enters Year 5 in April 2026, with the first contractual rent increase taking effect on April 13, 2027 — lifting the annual base rent from $110, 000 to $121, 000, a 10% increase.
MLS® Number675788
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1989
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$2,016,667List Price

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