Phenomenal Investment opportunity with this 100% leased NNN sale on one of the busiest retail corridors! The Property, Salem Village, is located less than 2 miles west of I-95 on Plank Road/Route 3, the most prominent retail and business corridor in the Fredericksburg Region. The property benefits from direct frontage and easy accessibility with over 70,000 vehicles traveling in front of the property daily. The property not only benefits from its highly visible location along Route 3, but its proximity to other economic drivers including: (1) a 702 Space commuter lot, (2) Chancellor Center-a shopping center anchored by Planet Fitness, Aldi and Tractor Supply and (3) the densely populated housing communities surrounding the area (50,000+ residents within 3 miles). Other highlights include 20,000 SF building that is 100% Leased in a Densely populated area with over 50,000 within 3 miles and 100,000 residents within 5 miles. Situated on a 1.89 AC lot with abundant parking (110 space for a 5.5: 1 parking ratio. Please see Offering Memorandum in Documents.
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Listing Snapshot
Price
$7,400,000
Days On Site
256 Days
Bedrooms
N/A
Inside Area (SqFt)
20,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.01 Acres
Year Built
1990
MLS® Number
VASP2026730
Status
Active
Property Tax
$25,653
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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