1001 Gordon W Shelton Blvd, Fredericksburg, VA 22401
Freestanding bank facility with dedicated drive-thru service and an absolute triple-net ground lease.
Property Features for 1001 Gordon W Shelton Blvd
General Information
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Based on property information with market context.
The ground lease is structured as absolute triple-net, with no landlord responsibility. The corporately guaranteed initial term runs through July 2029 and includes two five-year extension options. Contractual rent increases are set at 11 percent every five years. The property is leased to PNC Bank.
Key Highlights
- Freestanding bank building completed in 2009
- Approximately 3,718 square feet on approximately 56,628 square feet of land
- Three drive‑thru lanes and ample parking
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Demographics for 22401, VA
Market
Vacancy Rate% for Retail in South region