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4300 Plank Rd
For Sale $7,400,000
$7,400,000
- 0 Units
- Unknown Sq Ft
- 87,556 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,400,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1990 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2313B2 |
| MLS # | VASP2026730 |
| Property ID | 320710660 |
| Lot Sqft | 87,556 |
| Zoning | C2 |
| Days on Market | 122 |
| Original List Price | Unknown |
| Date Updated | August 14, 2024 |
| Date Created | July 25, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Brian Cunningham an agent of . Lic #0225185942
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Data last updated: November 24, 2024.
Robert Crawford
REAL ESTATE AGENT