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THE MARKET

aerial overview

Harrisonburg, Virginia is one of the fastest growing cities in the Commonwealth of Virginia; recently surpassing Charlottesville. With 21% growth over the last ten years, new employment opportunities, and the continued expansion of JMU, this trend is projected to continue. The City size is expanded with Harrisonburg’s status as a regional destination for consumers well outside the traditional drive-time radius.

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Highlights
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  • James Madison University | 20,000 students, 8,200 university related staff, $448,000,000 in spending.
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  • Rockingham Memorial Hospital | Located immediately adjacent to the property, treats 200,000 patients annually, and employs 2,400.
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  • Regional Draw | Within the site criteria of most desirable locations for national retailers, restaurants, and office users.
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  • Growth market | 21% population increase over the past decade with continued increases projected.

THE PROPERTY

stoneport development close

Stone Port offers flexible and highly visible lots in close proximity to Harrisonburg’s most densely populated neighborhoods. It’s location at Port Republic Road and the Southeast Connector not only places next large traffic generators, but also offers easy access, shortened drive-times, traffic counts that rank among the highest in the market, and higher population counts within 2 miles of I-81 & JMU.
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DEVELOPMENT HIGHLIGHTS

  • Destination Development | Stone Port is at the Heart of the Path of Progress for Commercial Development in Harrisonburg.
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  • Outperforms E. Market Street | Higher population count, greater projected growth, and higher actual traffic counts.
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  • Excellent Traffic Counts | Upon build-out of Stone Port, the Southeast Connector is projected to have traffic counts exceeding 31,000 AADT. Coupled with its location on Port Republic Road (24,000 AADT), Stone Port will form the best Commercial Corridor in the MSA.
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  • Superior Visibility | Visibility from Port Republic Road and the Southeast Connector with easy access to property from the largest population centers.
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