Waynesboro Marketplace | 2 Pad Sites

Highlights:

• 2 development sites on the most heavily traveled commercial corridor in the market area.
• Traffic counts on Rosser Avenue in excess of 30,000 vpd and less than 1,000 feet from the Interstate 64, Exit 94, off-ramp.
• Heavy population growth from Charlottesville/Albemarle market.
• Surrounded by national retailers like Walmart, Sheetz, Chipotle, Popeye's, Starbucks, and Home Depot in addition to Waynesboro Town Center (Target, Aldi, Chick-fil-A).
• Site located at a signalized intersection with three points of ingress/egress.

Description:

Waynesboro Marketplace represents the most visible and retail ready development opportunity in the market. Located on the primary commercial corridor (Rosser Avenue, 30,000ADT) and less than 1,000’ off of Interstate 64, this site permits easy access from a trade area serving Augusta County and the neighboring counties of Rockbridge and Rockingham. A signalized intersection marks one of three points of ingress/egress to the site surrounded by national retailers like Walmart, Sheetz, Chipotle, Popeye's, Starbucks, and Home Depot in addition to Waynesboro Town Center (Target, Aldi, Chick-fil-A). Lot 7 recently sold to Texas Roadhouse - currently under construction.

2 pad sites available - Pad 6, 1.64 +/- acres at $590,000 or Pad 8 - 1.31 +/- acres at $850,000.


Waynesboro has quickly become the preferred retail destination of Augusta County. 56,000 consumers are located within a 15 minute drive-time and the site boosts a 65,000 daytime population within the same.

Augusta County, with a population of 74,881, is the second-largest county in Virginia and the largest in the Shenandoah Valley. Along with the cities of Staunton and Waynesboro, the Staunton-Augusta-Waynesboro Metropolitan Statistical Area (MSA) population is 121,218.

The MSA is home to Mary Baldwin University (including the Murphy Deming College of Health Sciences) and Blue Ridge Community College adding a total of 8,932 students.

Moreover, the market's population continues to grow as it capitalizes on relocation from Charlottesville and Albemarle County in search of a lower cost of living.

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