For Sale

52,000 SF INDUSTRIAL INVESTMENT ON RT. 11

3226 North Valley Pike,
Harrisonburg, VA 22802

Asset Snapshot

Memory Care
Industrial Subtype
2
Floor Count
6.26 Acres
Land Area

Offering Summary

Investment Overview

Exceptional 52,000 SF flex industrial asset situated on a flat 6.26 acres, offering an ideal blend of immediate 7.25% 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 Nacarato 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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Listing Syndicated From

Buildout
Accepting Offers
$5,250,000
Asking Price

Investment Sales Broker

Craig Anders
Cottonwood Commercial

Market Insights