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2140 South Main Street
Harrisonburg, VA 22801
Asking Price
$3.79M
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Commercial / Mixed-Use Land | ±8.93 AC | 46,000 VPD | B-2 Zoning <ul><li>SIGNALIZED HARD CORNER - The site holds the signalized corner of South Main Street and Stone Spring Road, where two of Harrisonburg's primary commercial corridors meet, with access off South Main. </li><li>APPROXIMATELY 46,000 VEHICLES PER DAY - South Main carries 27,000 vehicles per day and Stone Spring 19,000, combining for approximately 46,000 vehicles past the corner from two directions. </li><li>AN ESTABLISHED RETAIL NODE WITH A GROWING RESIDENTIAL BASE - Directly across South Ma
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NOI
$80,000
Cap Rate
2.11%
DSCR
0.36
Underwater
Cash-on-Cash
-12.76%
Monthly Payment
$18,775.589
Annual Cash Flow
$-145,307.073
