$ 7,400,000
4300 PLANK RD Fredericksburg, VA 22407
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$ 7,400,000
Est. payment | /mo
20,000 SqFt
$ 7,400,000
Est. payment | /mo
20,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $370
Subdivision Silver Property
MLS Listing ID VASP2026730
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $23,095
Tax Year 2022
Lot Size 2.010 Acres
Acres 2.01
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.
Location
State VA
County Spotsylvania
Zoning C2
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 110.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 110
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District Spotsylvania County Public Schools
Others
Tax ID 23-13-B2-
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Brian Cunningham • Coldwell Banker Elite