New Industrial/Flex Space Available

3406 Shannon Park Dr Fredericksburg, VA 22408

Claim this Listing
For Sale
$575,000

New industrial/flex suites available for sale or lease.

Type:Industrial
Property size:
6,000 SF
Price / SF:
$95/SF
Added:
May 18, 2026
Days on Market:
55
Last Refresh:
May 18 at 8:12 pm

Property Features for 3406 Shannon Park Dr

General Information

Standard status
Active
Size
6,000 SF
Property subtype
Industrial

Building Details

Year Built
2026

Listing office Coldwell Banker Commercial Elite

Listing date May 18, 2026

Source Thebrokerlist

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 Coldwell Banker Commercial Elite


Investment Insights

Based on property information with market context.

A newly constructed 10,000 SF industrial/flex property, completed in 2026, features modern, high-quality industrial suites designed for flexibility and functionality. Located within Fredericksburg’s growing industrial corridor and zoned I-2, the property is suited for owner-users, service contractors, flex industrial tenants, or investors. Two units have already been sold or leased, leaving one 4,000 SF unit and one 2,000 SF unit currently available for sale or lease, or together as a contiguous 6,000 SF opportunity. The property offers modern construction, efficient layouts, and long-term appeal. It is located within the Shannon Park Industrial Center in Fredericksburg, Virginia, providing convenient access to Interstate 95 and Route 17. The property is situated near amenities including Wawa, Fredericksburg Field House, Shannon Airport, and other service-oriented commercial uses. The units feature full air conditioning and 14' bay doors on the rear of the building, with 18' ceiling heights, allowing easy access for loading and unloading. The I-2 zoning allows for a wide range of industrial and commercial uses, making it ideal for contractors, service companies, warehouse/distribution, showroom, and flex users.

Key Highlights

  • New Construction (2026): Modern industrial/flex space with full air conditioning.
  • Flexible Unit Sizes: Available from 2,000 SF to 6,000 SF contiguous.
  • Strategic Location: Situated in Fredericksburg's growing industrial corridor with convenient access to I‑95 and Route 17.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.0k $9.00
− Vacancy −$3.9k −$0.65
EGI $50.1k $8.35
− OpEx −$7.5k −$1.25
NOI $42.6k $7.10
6,000 SF · lease $9.00/SF/yr · vacancy 7.20% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$957.7K
$838.0K – $1.12M (±1% cap)
NOI $67,041 @ 7.0% cap · market cap 11.66%
Second Best
Warehouse
$608.5K
$532.4K – $709.9K (±1% cap)
NOI $42,595 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M (±1% cap)
NOI $131,653 @ 7.0% cap · market cap 22.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Electrical Service Furniture & Home Goods Grocery & Convenience Store Plumbing Service Law Firm Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Home Appliance Store

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

FAQs

What type of property is this?
Flex space - New industrial/flex suites available for sale or lease.
Where is this flex space located?
The property is located at 3406 Shannon Park Dr Fredericksburg, VA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: New Construction (2026): Modern industrial/flex space with full air conditioning.; Flexible Unit Sizes: Available from 2,000 SF to 6,000 SF contiguous.; Strategic Location: Situated in Fredericksburg's growing industrial corridor with convenient access to I‑95 and Route 17.
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