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.
Presented By: Coldwell Banker Elite
Interior Features for 4300 Plank Road
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 4300 Plank Road
AccessibilityNone
Business TypeBig Box Retail, Hair Salon and Spa, Health Club, Medical, Other/General Retail, Restaurant/Bar
Cap Rate6.75
CityFREDERICKSBURG
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountySPOTSYLVANIA
DirectionsFrom I-95 Take Exit 130B and Head west on VA-3 W/Plank Rd for 4 Miles. Property is located on left hand side fronting Rt 3
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