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About This Home
This 0-bedroom, 0-bathroom commercial at 2075 E MARKET ST in Harrisonburg, VA is listed for $2,016,667 ($686 per sqft). Built in 1989, the home offers 2,940 sqft of living space on a 0.63 acres lot.
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.
Key Features
- Built in 1989
- 0.63 acre lot
Property Details
Monthly Cost Estimate
$10,786/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2075 E MARKET ST
Harrisonburg, VA 22801
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2075 E MARKET ST is listed at $2,016,667 ($686/sqft). The estimated monthly payment is $8,739 based on 20% down at 6.5% interest.
Key features include: Built in 1989, 0.63 acre lot.
This property is listed by Tim Reamer and can be reached at 5402717525 or tim.reamer@cottonwood.com.
