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Freestanding Bank Branch
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35 BANKS FORD PKWY, Fredericksburg, VA 22406

Ground-lease bank property with signalized access and frontage along Warrenton Road.

Property Size4,051 SF
Lot Size1.33 Acres
Price / SF$998.03
Days on Market85

Property Features for 35 BANKS FORD PKWY

General Information

Standard status Active
Size 4,051 SF
Lot size 1.33 Acres
Property subtype Retail, Land
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $272,855

Site & Location

Anchor Co-Tenants Giant Food
Highway Access Yes
Road Access Yes

Building Details

Year Built 2006
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap - Dallas
Listed By: Vincent Knipp · License #TX 0579633
Source: Crexi
Added: Jun 8 Changed: Aug 30 Last Checked: Aug 30 at 6:45AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This freestanding bank branch occupies a 4,051-square-foot building on a 1.33-acre parcel in Fredericksburg, Virginia. Constructed in 2006, the property has operated at its current location for 19 years and is offered through a ground lease structure.

The site fronts Warrenton Road (US Route 17) and benefits from signalized access. It serves as an outparcel within the Giant Food-anchored Banks Ford Shopping Center, part of the Celebrate Virginia North mixed-use development. The surrounding retail roster includes Lowe’s, Aldi, Wawa, CVS, Chick-fil-A, Panda Express, Five Guys, and Chase Bank.

Key Highlights

  • 4,051‑square‑foot freestanding bank branch on a 1.33‑acre parcel
  • Ground lease property with 19 years of operation at the current location
  • Direct frontage and signalized access along Warrenton Road (US Route 17)

Property Analytics

Current Use

Wells Fargo Bank Bank Wells Fargo ATM Atm Wells Fargo Advisors Financial Advisor

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Hotel & Motel Hair Salon (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
180k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 21% Shops & Services 20% Home Improvements & Furnishings 12%
Chick-fil-A Dining
36,571 visits/mo 0.1 miles
Giant Groceries
24,138 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
22,092 visits/mo 0.3 miles
Dollar Tree Shops & Services
15,092 visits/mo 0.2 miles
SONIC Drive In Dining
13,993 visits/mo 0.2 miles

Demographics for 22406, VA

27,129
Population
10,025
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
72.7 sq mi
ZIP Area
373
Density / Sq Mi
$124,357
Median Household Income
$57,593
Median Earnings
$1,895
Median Rent
$483,200
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Ground-lease bank property with signalized access and frontage along Warrenton Road.
Where is this bank located?
The property is located at 35 BANKS FORD PKWY Fredericksburg, VA.
What is the asking price?
The asking price for this property is $4,043,000.
What are key features of this property?
This property features: 4,051‑square‑foot freestanding bank branch on a 1.33‑acre parcel; Ground lease property with 19 years of operation at the current location; Direct frontage and signalized access along Warrenton Road (US Route 17)
(972) 755-5205 Call to check price and availability
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