3109 Spotsylvania Mall Dr
Fredericksburg, VA 22407
Red Lobster · Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Ground lease opportunity, up to 1.68 Acres
- Located directly in front of Costco, which captures over 1.7M visits per year
EXECUTIVE SUMMARY
— Spotsylvania Towne Centre is part of a dense retail corridor which serves as a dining and retail mecca which hosts over 7.04 million shopper visits per year
— Strong DC MSA submarket of Fredericksburg, VA
— Large 1.68 acre outparcel to Spotsylvania Towne Centre and just off of Plank Road, seeing 83,000 VPD
— Located directly in front of Costco, which captures over 1.7M visits per year
— 9,316 SF existing building, currently built out for a full-service restaurant
— Small shop space potential, building can be subdivided
— Ground lease opportunity, up to 1.68 Acres
— Multiple points of access along Spotsylvania Mall Drive, with full access
— Strong DC MSA submarket of Fredericksburg, VA
— Large 1.68 acre outparcel to Spotsylvania Towne Centre and just off of Plank Road, seeing 83,000 VPD
— Located directly in front of Costco, which captures over 1.7M visits per year
— 9,316 SF existing building, currently built out for a full-service restaurant
— Small shop space potential, building can be subdivided
— Ground lease opportunity, up to 1.68 Acres
— Multiple points of access along Spotsylvania Mall Drive, with full access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,316 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.68 AC
Zoning
C2
Parking
60 Spaces (7.12 Spaces per 1,000 SF Leased)
Frontage
65 FT on Spotsylvania Mall Dr
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
Parcel Number | 13-A-107D | Improvements Assessment | $2,425,400 |
Land Assessment | $1,756,300 | Total Assessment | $4,181,700 |