10701 Courthouse Rd - Drug Store FOR SALE


Fredericksburg, VA 22407
$2,649,000 USD
310-850-3124
10701 Courthouse Rd, Fredericksburg, VA for Sale
$2,649,000 USD
Drug Store - FOR SALE
1/4
null | Request Cap Rate

10701 Courthouse Rd
Fredericksburg, VA 22407


HIGHLIGHTS

  • Washington, DC MSA, 62,000 population, AHHI of $113,000 within 3 miles.
  • Surrounded by major national retail including Walmart, Lowe’s, Giant Food, ALDI, Wawa, and much more.
  • Just down the street from brand new 470,000+ SF Fredericksburg Health Care Center.
  • Opportunity for repositioning or redevelopment of a ±10,112 SF freestanding retail building on ±1.11 acres of land.
  • The Property features a drive-thru and a spacious parking area with ± 60 spaces.
  • Signalized corner location with 46,000+ VPD, adjacent to established retail centers; 1/4 mile west of Interstate 95.

OVERVIEW

Century Partners is pleased to offer a prime retail property in the Washington, DC MSA, serving a population of 62,000 with an average household income of $113,000 within 3 miles. Positioned among top national retailers such as Walmart, Lowe’s, Giant Food, ALDI, and Wawa, and located just down the street from the brand-new 470,000+ SF Fredericksburg Health Care Center, the ±10,112 SF freestanding building sits on ±1.11 acres with a drive-thru, ±60 parking spaces, and a high-visibility signalized corner boasting 46,000+ VPD, only 1/4 mile from I-95. Currently vacant, the property offers an exceptional repositioning or redevelopment opportunity with delivery free of lease encumbrances at closing.

FOR SALE DETAILS

PRICE

$2,649,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

R2

APN/PARCEL ID

35G-13-5

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
310-850-3124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joshua BergerCentury Partners Real Estate Inc.More Info
310-850-3124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.