PROFESSIONAL OFFICE CENTER IN DOWNTOWN HARRISONBURG

Corner of Newman, Mason, and WaterSecure a premium footprint in downtown Harrisonburg at a compelling price-per-square-foot that sits well below current market averages. This professional office center is anchored by three established professional tenants, providing immediate stability. With over $100,000 in recent capital improvements and over and above service plans—including a partial new roof and two new HVAC units—the asset is in excellent, low-maintenance condition. The real value, however, lies in the significant rental upside; with all current leases at under $12.50/SF gross, this offers a prime opportunity to mark-to-market upon renewal and recapture expenses. Properties with parking in downtown do not come up often.