Active
4300 Plank Rd
Fredericksburg VA, 22407
$7,400,000
$370.00 per sqft
Active
20,000 sqft
Commercial
Built in 1990
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.
VASP2026730
MLSⓇ ID
July 26, 2024
Listed
September 5, 2024
Updated
Map
4300 Plank Rd
Fredericksburg VA, 22407
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
2.01 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$23,095
Tax Frequency
Annually
Days on Market
20
Garage
No
Parking
On Street
Parking Total
110
View
No
County
SPOTSYLVANIA
Water Source
Public
Pool
No
Listed by Brian Cunningham, with Coldwell Banker Elite
Listing Contact: 5404293414
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 9/5/2024 at 11:55 PM UTC
