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    1511 Jefferson Davis Hwy Fredericksburg, VA 22405

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    For Sale
    $4,400,000

    NNN leased CVS in Fredericksburg, VA with drive-thru.

    Property size:
    13,291 SF
    Lot size:
    2.54 Acres

    Property Features for 1511 Jefferson Davis Hwy

    General Information

    Size
    13,291 SF
    Lot size
    2.54 Acres

    Source: SRS Real Estate Partners | McLean Agent Rick Fernandez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fredericksburg CVS Pharmacy Investment Opportunity

    This property presents the opportunity to acquire the leased fee interest in a corporate-guaranteed, absolute NNN CVS Pharmacy located in Fredericksburg, VA, within the Washington D.C. MSA. The property includes a drive-thru. The tenant has 10 years of firm term remaining on the lease, with an additional 10 (5-year) option periods available for extension. The lease agreement includes 10% rental increases at the beginning of each option period. The lease is guaranteed by the corporate entity and is absolute NNN with zero landlord responsibilities.
    Location Intelligence

    Current Use by Public Records

    CVS 10454 Pharmacy CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS, Scissor Happy Salon, CVS Pharmacy, CheMedu's African Hair Stylist, Nutri Fit

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4829183
    Latitude
    38.3008599

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    FAQs

    What type of property is this?
    Drug store - NNN leased CVS in Fredericksburg, VA with drive-thru.
    Where is this drug store located?
    The property is located at 1511 Jefferson Davis Hwy Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: - Absolute NNN lease provides a management-free, passive investment.; - Corporate guarantee from CVS, the largest pharmacy chain in the U.S.; - 10 years of firm lease term remaining, providing stable, long-term income.
    (703) 297-9623
    Request Owner's contact information
    1511 Jefferson Davis Hwy Fredericksburg, VA 22405
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    Fredericksburg, VA 22405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1511 Jefferson Davis Hwy Fredericksburg, VA 22405
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