Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Sheetz ground lease located at 2050 New Post Boulevard in Fredericksburg, Virginia (“the Property”). Sheetz executed a brand new 15-year Absolute NNN Ground Lease with seven (7), 5-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of each of the five-year renewal options.
The Property occupies a highly visible, oversized 3.92-acre parcel along New Post Boulevard in the rapidly growing southern Fredericksburg/Spotsylvania County market. Positioned at the intersection of US Route 17 (Mills Drive) and US Route 17 BUS (Tidewater Trail) and close to Interstate 95, the site benefits from exceptional accessibility and exposure to both local commuter traffic and regional travelers moving along one of the East Coast's primary transportation corridors. The immediate area has experienced significant residential and commercial growth in recent years, with numerous housing developments, expanding neighborhoods, and new retail projects creating a steadily increasing customer base.
The surrounding trade area is supported by a diverse mix of economic drivers, including healthcare, education, government, military-related employment, and professional services. Major regional employers include Mary Washington Healthcare, GEICO, the University of Mary Washington, and numerous defense contractors serving nearby Marine Corps Base Quantico and Northern Virginia. Additionally, the Property is situated within an emerging commercial corridor that continues to attract new investment and development, further strengthening long-term demand.
The Property is ideally positioned to serve daily commuters, local residents, commercial traffic, and interstate travelers. Its proximity to Interstate 95, strong visibility, convenient access, and location within one of the region's fastest-growing residential areas provide the attributes necessary to support sustained fuel sales and convenience retail demand for years to come.