Listing Agency: Coldwell Banker Commercial Elite Show Phone

Listed By: Donny Self, · License #VA0225196286

Source: Crexi

Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:31PM

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Investment Insights

Based on property information with market context.

This medical office building is identified as 100% leased, with the current tenant expected to vacate in 2019. The property is located at 230 Butler Road in Fredericksburg, Virginia, providing a defined address for the medical office asset.

Key Highlights

• 100% leased medical office building
• Current tenant identified as vacating in 2019
• Located at 230 Butler Road, Fredericksburg, VA 22405

Property Analytics

Property Profile

Current Use

Burns Family Dentistry, ... Dental Office Burns Family Dentistry Dental Office Dr. Angela Tsai Physician Brooks Diane S ... Physician Fravel Gary w ... Physician

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist Pharmacy Bakery

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

Location Intelligence

Trade Area within ½ mile

419

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 22405, VA

34,430

Population

13,058

Households

2.6

Avg Household Size

38

Median Age

44%

College-Educated

95%

High-School Grad

53.3 sq mi

ZIP Area

646

Density / Sq Mi

$128,315

Median Household Income

$62,794

Median Earnings

$1,931

Median Rent

$413,100

Median Home Value

Market

Vacancy Rate% for Office in Fredericksburg, VA

9.1% 2019

10% 2020

8.2% 2021

7.4% 2022

5.8% 2023

7% 2024

7.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - The building is fully leased, with the current occupancy scheduled to end in 2019.

Where is this medical office space located?

The property is located at 230 Butler Road Fredericksburg, VA.

What are key features of this property?

This property features: 100% leased medical office building; Current tenant identified as vacating in 2019; Located at 230 Butler Road, Fredericksburg, VA 22405