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Fully Leased Warehouse with NNN Lease
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3591 Lee Hill Dr, Fredericksburg, VA 22408

Fully leased warehouse offered under an NNN lease structure with two tenants and a remaining lease term measured by 3.70 WALT.

Property Size69,060 SF
Days on Market144

Property Features for 3591 Lee Hill Dr

General Information

Standard status Active
Size 69,060 SF
Property subtype INDUSTRIAL
Occupancy 100%

Building Details

Year Built 1977
Building Size 69,060 SF
Tenancy Multi
Listing Agency: Colliers | Richmond North
Listed By: Richmond McDaniel
Source: Moodyscre
Added: Mar 10 Changed: Jul 29 Last Checked: Jul 31 at 9:48AM

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 Colliers | Richmond North

Investment Insights

Based on property information with market context.

This fully leased warehouse totals 69,060 square feet and is offered under an NNN lease structure. The property is a 1977 vintage building with two tenants.

The remaining lease term is reflected by a 3.70 WALT. The asset is located at 3591 Lee Hill Dr, Fredericksburg, VA 22408.

Key Highlights

  • 69,060 square feet warehouse
  • Fully leased with 2 tenants
  • NNN lease structure

Property Analytics

Current Use

Classic Car Center ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Garden Center Skin Care Clinic

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Well-served
Demand for This Use

Demographics for 22408, VA

32,043
Population
12,438
Households
2.6
Avg Household Size
36
Median Age
40%
College-Educated
92%
High-School Grad
47.3 sq mi
ZIP Area
677
Density / Sq Mi
$114,598
Median Household Income
$54,934
Median Earnings
$1,771
Median Rent
$353,500
Median Home Value

Market

Vacancy Rate% for Industrial in Fredericksburg, VA

5.1% 2019
4.8% 2020
2.7% 2021
2% 2022
4.5% 2023
7.4% 2024
4.3% 2025
Rey
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Similar Off Market Nearby

  • Kloke Group — 300 Lansdowne Rd, Fredericksburg, VA 22401
  • J Barber Moving & Storage Inc — 11631 Shannon Dr, Fredericksburg, VA 22408
  • COWs - Container On Wheels Mobile Storage — 11631 Shannon Dr, Fredericksburg, VA 22408
  • All In One Moving & Storage — 300 Lansdowne Rd, Fredericksburg, VA 22401

Frequently Asked Questions

What type of property is this?
Warehouse - Fully leased warehouse offered under an NNN lease structure with two tenants and a remaining lease term measured by 3.70 WALT.
Where is this warehouse located?
The property is located at 3591 Lee Hill Dr Fredericksburg, VA.
What are key features of this property?
This property features: 69,060 square feet warehouse; Fully leased with 2 tenants; NNN lease structure
(804) 320-7451 Call to check price and availability
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