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Fredericksburg Drive-Thru Restaurant Opportunity
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1700 Princess Anne St, Fredericksburg, VA 22401

Move-in ready drive-thru restaurant in downtown Fredericksburg.

Space Size3,670 SF
Days on Market557

Property Features for 1700 Princess Anne St

General Information

Standard status Active
Size 3,670 SF
Property subtype RETAIL

Spaces For Lease

at 1700 Princess Anne St
1700 Princess Anne St AVAILABLE, Now
Floor Bldg
Size 3,670 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Rare Fast-Food Drive-Thru in Downtown Fredericksburg, move-in ready. Formerly a Hardees located on Rt. 1 Business and Princess Anne St. Available Immediately.
Contact us
Listing Agency: Cushman & Wakefield | Thalhimer - Fredericksburg
Listed By: Jamie Scully · License #0225082322
Source: Moodyscre
Added: Apr 11, 2025 Changed: Oct 5 Last Checked: Oct 19 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Thalhimer - Fredericksburg

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Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a fast-food drive-thru restaurant in downtown Fredericksburg. The property, formerly a Hardees, is move-in ready and available immediately. It is located on Route 1 Business and Princess Anne Street. The property size is 3,670 square feet. This property is suitable for drive-through restaurants, restaurants, retail properties, and turn-key restaurants.

Key Highlights

  • Rare fast‑food drive‑thru in downtown Fredericksburg
  • Move‑in ready condition
  • Located on Rt. 1 Business and Princess Anne St.

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Garden Center Butcher Electrical 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

1,913
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Virginia ABC Groceries
2,127 visits/mo 0.5 miles

Demographics for 22401, VA

27,799
Population
12,270
Households
2.3
Avg Household Size
32
Median Age
47%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
2,673
Density / Sq Mi
$85,432
Median Household Income
$46,891
Median Earnings
$1,518
Median Rent
$461,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Move-in ready drive-thru restaurant in downtown Fredericksburg.
Where is this drive through restaurant located?
The property is located at 1700 Princess Anne St Fredericksburg, VA.
What are key features of this property?
This property features: Rare fast‑food drive‑thru in downtown Fredericksburg; Move‑in ready condition; Located on Rt. 1 Business and Princess Anne St.
(540) 327-2134 Call to check price and availability
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