Preston Lake Grocery Anchored Development offers a premier retail opportunity in one of Harrisonburg’s most dynamic growth corridors. Anchored by a major grocery retailer, this development provides unmatched visibility and accessibility along Spotswood Trail with signalized access and strong traffic counts. The site features eight outparcels available for ground lease or build-to-suit, ranging from ±0.5 acres to ±3 acres, making it ideal for quick-service restaurants, financial institutions, and other retail users.
The project is strategically positioned within Preston Lake, a 760-unit master-planned community, and benefits from proximity to major demand drivers such as James Madison University (21,000+ students), Sentara RMH Medical Center, and Massanutten Resort. The surrounding trade area includes national retailers like Walmart, Target, Costco, Lowe’s, and Dick’s Sporting Goods, reinforcing the site’s retail synergy. Drive-thrus are permitted by right, and the development incorporates pedestrian-friendly design with sidewalks, open spaces, and outdoor seating areas. This is a rare opportunity to secure a prime location in a high-growth market with strong demographics and a robust retail anchor.
David Crawford
Cushman & Wakefield | Thalhimer
