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Auto Sales and Service Property

103 PEGRAM Lane, Fredericksburg, VA 22408

For Lease
New
$8,500/Mo

CommercialLease, FREDERICKSBURG, VA

Space SizeContact for details
Days on Market1

Property Features for 103 PEGRAM Lane

General Information

Property type Other
Property subtype Retail
Parking 60
Parking features Parking Lot
Elementary school district SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
Middle school district SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
High school district SPOTSYLVANIA COUNTY PUBLIC SCHOOLS
Standard status Active

Additional Details

Automotive Uses dealership/vehicle sales, auto repair

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1900
Building materials Vinyl Siding
Listing Agency: Ikon Realty
Listed By: Victor H Beltran · License VA #0225263734
Added: Nov 14 Last Checked: Nov 14 at 1:06AM
MLS# VASP2047394

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Configured for automotive sales and service, the property has room for 60+ vehicles. The owner plans to construct a one-car garage designed to accommodate a mechanical lift for repair work. The listing notes that vehicles in inventory are not part of the lease.

The building was constructed in 1900 and has vinyl siding, central heating, and central air conditioning. A parking lot serves the property. The prior automotive business operated at this location for over 14 years.

Key Highlights

  • Space for 60+ vehicles
  • Owner plans to build a one‑car garage for a mechanical lift
  • Automotive business operated at this location for over 14 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spectrum Auto Sales Car Dealership Old Colony Homes Real Estate Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Locksmith Daycare Center (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,209
Businesses Nearby
180k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 30% Groceries 14% Apparel 4%
McDonald's Dining
30,433 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
26,763 visits/mo 0.3 miles
Royal Farms Shops & Services
24,432 visits/mo 0.4 miles
Aldi Groceries
21,968 visits/mo 0.1 miles
Dollar Tree Shops & Services
13,097 visits/mo 0.2 miles

Demographics for 22408, VA

32,043
Population
12,438
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
92%
High-School Grad
47.3 sq mi
ZIP Area
677
Density / Sq Mi
$114,598
Median Household Income
$54,934
Median Earnings
$1,771
Median Rent
$353,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • U-Haul Neighborhood Dealer — 10650 patriot hwy, fredericksburg, va 22408
  • U-Haul Neighborhood Dealer — 10652 Patriot Hwy, Fredericksburg, VA 22408
  • Nissan of Fredericksburg Service Center — 5200 Patriot Hwy, Fredericksburg, VA 22408
  • Ryder Truck Rental — 5113 Park Dr, Fredericksburg, VA 22408
  • Avis Car Rental — 5077 patriot highway four mile fork shop center, fredericksburg, va 22408

Frequently Asked Questions

What type of property is this?
Automotive property - The site supports vehicle sales and service, with a garage planned for mechanical lift installation.
Where is this automotive property located?
The property is located at 103 PEGRAM Lane Fredericksburg, VA.
What is the lease rate?
The lease rate is $8,500/Mo.
What are key features of this property?
This property features: Space for 60+ vehicles; Owner plans to build a one‑car garage for a mechanical lift; Automotive business operated at this location for over 14 years
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