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4028 Wards RdLynchburg, VA 24502

Lynchburg Retail Investment Opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
115
Wards Crossing is a thriving 81,064 square foot power center in Lynchburg, Virginia, built in 2001. This multi-tenant property boasts a strong anchor lineup including Target, Michaels, and Aldi, complemented by a diverse mix of national and local tenants such as Barnes & Noble, Hallmark, The UPS Store, Blaze Pizza, and Five Guys. The center is strategically located off Wards Road/Bus 29 and Route 460, a high-traffic area with an average daily count exceeding 41,000 vehicles. Its proximity to Liberty University, with its substantial student population of over 100,000, ensures a consistent customer base. The property features ample parking with a ratio of 6.97 spaces per 1,000 square feet of gross leasable area (GLA). Currently, there is 4,729 square feet of vacant space available within the 19.12-acre lot. This presents a unique opportunity to acquire a well-established retail center with significant potential for growth and return on investment. The property's strong tenant base, high visibility location, and proximity to a major university make it an attractive investment prospect in a dynamic market. The property offers a blend of established national brands and local businesses, creating a diverse and resilient tenant mix. The substantial parking provision caters to the high volume of daily traffic, ensuring convenient access for shoppers and employees. This power center represents a compelling opportunity for investors seeking a stable and high-performing retail asset in a desirable location.

Highlights

  • Strong anchor tenants include Target, Michaels, and Aldi.
  • The tenant mix also includes The UPS Store, Blaze Pizza, and Five Guys.
  • Built in 2001.
  • 81,064 square feet of gross leasable area (GLA).
  • Ample parking with a 6.97:1,000 SF ratio.
  • High-visibility location with 41,000 VPD on Wards Rd/Bus 29.

Property Details for 4028 Wards Rd

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
81,064 SF
Year Built
2001

Unit(s) available at that property

Space
Suite B2
Size
4,729 SF
Space
ATM
Size
1 SF

Location Insight

City
Lynchburg
County
Lynchburg
State
Virginia
Latitude
37.3456913
Longitude
-79.1913562
4028 Wards Rd, Lynchburg, Virginia

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Contacts

Alexis Johnson
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4028 Wards Rd, Lynchburg, Virginia, 24502

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4028 Wards Rd
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