$7,400,000

4300 PLANK ROAD, Fredericksburg, VA 22407

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon2.01acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

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.

Listing Status:
Active
Date Added:
July 26, 2024 at 05:00AM
Listing Office:
Coldwell Banker Elite : 5407352600
Listing Agent:
Brian Cunningham : 5404293414
MLS ID:
VASP2026730
  • A/C: Central A/C
  • Heating: YHeat Pump(s)Natural Gas
  • Disability Feature: None

This listing courtesy of Brian Cunningham, Coldwell Banker Elite

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Salem Elementary School

4501 Jackson Rd, Fredericksburg, VA, 22407

Grades PK-5

0.31 miles away

C

Chancellor Middle School

6320 Harrison Rd, Fredericksburg, VA, 22407

Grades 6-8

1.37 miles away

C

Chancellor High School

6300 Harrison Rd, Fredericksburg, VA, 22407

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.