4300 Plank Rd | Fredericksburg, VA 22407
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4300 Plank Rd
Fredericksburg, VA 22407
Salem Village NNN Investment: 100% Leased! · Retail Property For Sale
Investment Highlights
- Wonderful Location on Route 3/Plank Road-- GREAT visibility on the busiest road in the area
- 2nd fastest growing suburb of WASHINGTON, D.C. through 2040
- MORE THAN 110,000 residents within 5 miles
Executive Summary
20,000 SQFT NNN, 100% fully leased Multi-Tenant Retail /Professional Office Building for sale. Excellent long term professional and government tenants including Edward Jones, Mathnasium, US Army, Navy, Air Force and Marines (recruiting offices), Hair Mosaic and Pediatric Dentistry.
Great location right on Plank Road (Route 3), near a commuter lot, SHOPPING, banks, grocery stores, fast food, convenience stores, bars, restaurants, retail and booming housing communities surrounding the area (50,000+ residents within 3 miles). Just 2 miles off I-95, this is the busiest business area in Fredericksburg. Over 75,000 vehicles traveling by daily.
Great location right on Plank Road (Route 3), near a commuter lot, SHOPPING, banks, grocery stores, fast food, convenience stores, bars, restaurants, retail and booming housing communities surrounding the area (50,000+ residents within 3 miles). Just 2 miles off I-95, this is the busiest business area in Fredericksburg. Over 75,000 vehicles traveling by daily.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1990
Price
$7,400,000
Price Per SF
$370
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.89 AC
Zoning
C2 - Commercial Zoning that allows a range of commercial uses, but with a focus on moderate-intensity business activities
Parking
120 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 23-13-B2 | Improvements Assessment | $2,092,600 |
| Land Assessment | $1,400,900 | Total Assessment | $3,493,500 |
PROPERTY TAXES
Parcel Number
23-13-B2
Land Assessment
$1,400,900
Improvements Assessment
$2,092,600
Total Assessment
$3,493,500
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