7110 Harrison Rd - Bank FOR SALE
Fredericksburg, VA 22407 |
$4,848,000 USD
646-996-3709
7110 Harrison Rd
Fredericksburg, VA 22407
HIGHLIGHTS
- Attractive Rent Increases of 10% Every Five Years Including Option Periods; Tenant has 5, Five Year Renewal Options
- Guaranteed by Bank of America with an S&P A+ Credit Rating; Ranked #18 in the 2024 Fortune 500 Index; 5th Largest Holding Company in the world
- Sitting on a Hard Corner at the Four-Way Signalized Intersection of Plank Road (83,616 Vehicles Per Day) & Harrison Road (14,000 Vehicles Per Day)
- Surrounded by Numerous National Retailers such as Starbucks, Walgreens, Wendy's, Home Depot, Petco, Stop & Shop, Wells Fargo Bank, Among Many Others
- 94,943 people living within a 5-mile radius with an average household income of $126,061
FOR SALE DETAILS
PRICE
$4,848,000 USD
PRICE/SF
$1,079 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
CSC
APN/PARCEL ID
22-19-1
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646-996-3709
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646-996-3709
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