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
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Data last updated on 9/5/2024 at 11:55 PM UTC