stone port - loopnet...1 stone port is a 105 acre mixed use development–at the center proximity...

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1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest growing city in Virginia. Port Republic Rd & Stone Spring Rd (Southeast Connector) 38.405807, -78.866211 Exclusively Listed By: Tim Reamer | 540.271.7525 [email protected] NEAR MAJOR EMPLOYMENT CENTER ADJACENT TO 238-BED REGIONAL HOSPITAL FAST GROWING MARKET 12,000 STUDENT BEDS WITHIN 2 MILES TWO OF THE MOST HEAVILY TRAFFICKED ROADS IN THE MARKET AFFLUENT STUDENT BODY FAMILIES FOR SALE, LEASE OR BUILD-TO-SUIT: Retail Lots up to 10 Acres; Divisible from 0.5 Acres to 10 Acres Medical & Professional Oce Lots From 0.6 Acres to 4 Acres

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Page 1: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

1

STONE PORT is a 105 Acre Mixed Use Development–at the center of proximity and connectivity–strategically located in the fastest growing section of the fastest growing city in Virginia.

Port Republic Rd & Stone Spring Rd (Southeast Connector)

38.405807, -78.866211

Exclusively Listed By:Tim Reamer | [email protected]

NEAR MAJOREMPLOYMENT

CENTER

ADJACENT TO238-BED REGIONAL

HOSPITAL

FASTGROWINGMARKET

12,000 STUDENTBEDS WITHIN

2 MILES

TWO OF THE MOSTHEAVILY TRAFFICKED

ROADS IN THE MARKET

AFFLUENTSTUDENT BODY

FAMILIES

FOR SALE, LEASE OR BUILD-TO-SUIT: ■ Retail Lots up to 10 Acres; Divisible from 0.5 Acres to 10 Acres

■ Medical & Professional Office Lots From 0.6 Acres to 4 Acres

Page 2: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

5

AVAILABLE LOT - RETAIL

KEY

AVAILABLE LOT - OFFICE

UNDER CONTRACT LOT

DEVELOPED / CLOSED

RESIDENTIAL DEVELOPMENTS

280

253

726

NEW HOUSING DEVELOPMENT 88 UNITS

ASPEN HEIGHTS 600 BEDS

NEW STUDENT HOUSING 700 BEDS

STUDENTHOUSING500 BEDS

UNDER CONTRACTPROPOSED RESIDENTIAL

DEVELOPMENT (120 UNITS)

Phase II

UC UC

UC

UC

SENTARA RMH MEDICAL CENTER

SUMMIT CENTER

FUEL

STONE PORT AERIAL

Exclusively Listed By:Tim Reamer | [email protected]

Page 3: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

6

SOLDSOLD

SOLD

SOLD

SOLD

SOLDSOLD

SOLD

SOLD

SOLD

SOLD

RIDGEDALE RD

PORT REPUBLIC RDSTONE SPRING RD

STONE SPRING RD

APPLE VALLEY RD

280

253

253

726

710

STONE PORT BLVD

Phase IILot 8

10.23± ACRES

Lot 11.04± Ac.

Lot 22Lot 21

Lot 24

Lot 23

Lot 28

Lot 18

Lot 16

Lot 14

Lot 12

Lot 19

Lot 17

Lot 15

Lot 20

Lot 26

Lot 27

1.56± Ac.

1.27± Ac.

1.51± Ac.

2.00± Ac.

TBD± Ac.

1.65± Ac.

1.85± Ac.

1.30± Ac.

1.45± Ac.

1.40± Ac.

1.34± Ac.

1.34± Ac.

1.15± Ac.

1.42± Ac.

TBD Ac.

Lot 21.37± Ac.

31,100 VPDPROJECTED BY VDOT16,000 VPD / 2017

18,000 VPD

STONE PORT - LOT AVAILABILITIES

Exclusively Listed By:Tim Reamer | [email protected]

AVAILABLE LOT - RETAIL

KEY

AVAILABLE LOT - OFFICE

UNDER CONTRACT LOT

DEVELOPED / CLOSED

RESIDENTIAL DEVELOPMENTS

Page 4: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

2

81

81

SPOTSWOOD TRAIL

ERICKSON AVE 33

11

11

33

253

253

726

42

726

SUMMIT CENTER

STONE PORT

HARRISONBURG CROSSING SPOTSWOOD SQUARE SHOPPING CENTER

SKYLINE VILLAGE

VALLEY MALL± 505,000 SF GLA | ±65 STORES

SENTARA RMH MEDICAL CENTER

BRIDGEFORTH STADIUM

TM

STUDENT HOUSING 500 BEDS

NEW STUDENT HOUSING 700 BEDS

ASPEN HEIGHTS 600 BEDS

396 UNITS

MARKET AERIAL

Exclusively Listed By:Tim Reamer | [email protected]

Page 5: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

7

John

Way

land H

ighway

Har

pine

Hig

hway

Port Republic Rd

Port Republic Rd

Stone Spring Rd

Stone Spring Rd

Cro

ss K

eys

Rd

N Valle

y Pike

S Valley Pike

W Market St

Reservoir St

E Market St

N M

ason

St

S Li

berty

St

Virginia Av

Ct S

quar

e

N Main St

N H

igh

St

S Main

St

S High St

!"

!"

!"

!"

##

##

BRIDLEWOOD/CROSSROADS FARM

BRIDLEWOOD/CROSSROADS FARM

MONTE VISTAESTATES

MONTE VISTAESTATES

STONE SPRINGVILLAGE

STONE SPRINGVILLAGE

HAMPSHIREESTATES

HAMPSHIREESTATES

PLEASANT HILL ACRESPLEASANT HILL ACRES

BATTLEFIELDESTATES

BATTLEFIELDESTATES

MASSANETTASPRINGS

MASSANETTASPRINGS

LAKEWOOD ESTATESLAKEWOOD ESTATES

WYNDHAMWOODSWYNDHAMWOODS

HERITAGEESTATES

HERITAGEESTATES

BELMONTESTATES

BELMONTESTATES

ASHBY MEADOWSASHBY MEADOWS

PRESTONHEIGHTSPRESTONHEIGHTS

MADISONVILLAGEMADISONVILLAGE

STEEPLECHASESTEEPLECHASE

BLUE STONE HILLSBLUE STONE HILLS

MAGNOLIARIDGE

MAGNOLIARIDGE

SUNSET HEIGHTSSUNSET HEIGHTS

ASHBYHEIGHTS

ASHBYHEIGHTS

THE CROSSINGSTHE CROSSINGS

HIGHLANDPARK

HIGHLANDPARK

REHERDACRES

REHERDACRES

PRESTON LAKEPRESTON LAKE

FAIRWAY HILLSFAIRWAY HILLS

HOLIDAYHILLS

HOLIDAYHILLS

PURCELLPARK

PURCELLPARK

LAKE POINTELAKE POINTE

FOREST HILLSFOREST HILLS

MAPLEHURSTMAPLEHURST

BARRINGTONBARRINGTON

TAYLORSPRINGSTAYLORSPRINGS

PARKLAWNPARKLAWN

GREENDALEGREENDALE

PARK VIEWPARK VIEW

PARK VIEWPARK VIEW

OLDTOWNOLD

TOWN

WESTFIELDWESTFIELD

THE RESERVE AT STONE PORT

THE RESERVE AT STONE PORT

ALTITUDEALTITUDEASPEN HEIGHTSASPEN HEIGHTS

Stone Port is located in the fastest growing section in the fastest growing City in Virginia (21% over the last decade).

More than 1400 new residential units/bed have been announced recently and a total of 3,200 new units/bed over the last two years

within two miles of Stone Port.

Additionally, the site is within 1.5 miles of Interstate 81, heavy SFR density, and 12000

James Madison University student beds.

Immediately across from Rockingham Memorial Hospital, which serves 200,000

patients annually and employs 2,400.

AREA OVERVIEW

STONE PORT

Exclusively Listed By:Tim Reamer | [email protected]

Page 6: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

3

STUDENT FAMILY INCOMES

Exclusively Listed By:Tim Reamer | [email protected]

$125,000 or More

Less Than $50,000

$50,000 - $74,999

$75,000 - $99,999

$100,000- $124,000

50%

8%

11%

14%

17%

Students of JMU comes from some of the highest earning families in the U.S. 50% of students’ families earn $125,000 or more.

05%

10%15%20%25%30%35%40%45%50%

0 - 4

5 - 9

10 -

14

15 -

24

25 -

34

35 -

44

45 -

54

55 -

64

65 -

74

75 -

84 85 +

0

10%

20%

30%

40%

50%

60%

70%

UNDER$50,000

$50,000 -$74,999

$75,000 -$99,999

$100,000 -$149,999

$150,000 -$199,999

$200,000+

Being a College Town with a significant college student population, the income demographics are misrepresented and do not reflect the spending power of the JMU student body

POPULATION BY AGE

POPULATION BY INCOME

3-Mile Radius

3-Mile Radius

James Madison University is 2 Miles from Stone Port with More than 22,000 Students & $161.3 Million Average Annual Student Spending

Page 7: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

8

West VirginiaWest Virginia

VirginiaVirginia20 MINUTE

20 MINUTE

20 MINUTE

20 MINUTE

10 MINUTE

5 MINUTE1-Mile

3-Mile

5-Mile

!"

!"

#$

!"

!"

%#%

&&

&&

%'

%'

%'

%""

&$(

)%%

Zenda

Shenandoah

New Market

Broadway

Elkton

McGaheysville

ShenandoahNational Park

Massanutten

Lacey Spring

Edom

Zirkle

HintonLilly

Montezuma

Bridgewater

Mt Crawford

Weyers CavePort Republic

GrottoesMt Sioney

Verona

Staunton

New Hope

Lynnwood

Tenth Legion

STONE PORT

DEMOGRAPHICS

Exclusively Listed By:Tim Reamer | [email protected]

1 MILE 3 MILE 5 MILE

Total Businesses: 114 1,901 3,075Total Employees: 3,142 41,268 59,191

1 MILE 3 MILE 5 MILE

Total Population: 2,509 43,001 70,427

Metro Population: 137,959

MEDIAN AVERAGE

Household Income:(Excluding Students) $76,577 $126,929 5 MINUTE

DRIVE TIME10 MINUTEDRIVE TIME

20 MINUTE DRIVE TIME

Total Population 7,461 44,068 101,134

60,000

40,000

20,000

01980 1990 2000 2010

Harrisonburg city

Charlottesville city

Winchester cityStaunton city

Population

Population

Data: US Census Bureau

Page 8: STONE PORT - LoopNet...1 STONE PORT is a 105 Acre Mixed Use Development–at the center proximity and connectivity–strategically located in the fastest growing section of the fastest

4

TENNECO AUTOMOTIVE OPERATIONS 2.1 MILES +/-

FROM STONE PORT

SHENANDOAH VALLEY ORGANIC 3.8 MILES +/-

FROM STONE PORT

ROSETTA STONELANGUAGE LEARNING2.1 MILES +/- FROM STONE PORT

JAMESMADISONUNIVERSITY1.0 MILES +/- FROM STONE PORT

EASTERNMENNONITEUNIVERSITY

4.8 MILES +/- FROM STONE PORT

SENTARA HEALTHCARE0.05 MILES +/-

FROM STONE PORT

114 BUSINESSES3,142 EMPLOYEESIN 1–MILE RADIUS

1,901 BUSINESSES41,268 EMPLOYEESIN 3–MILE RADIUS

3,075 BUSINESSES59,191 EMPLOYEESIN 5–MILE RADIUS

STONE PORT 1MILE

2MILES

3MILES

4MILES

5MILES

Exclusively Listed By:Tim Reamer | [email protected]

MAJOR EMPLOYERS