Freestanding Drugstore with
For Sale
Contact for pricing
4201 Plank Road, Fredericksburg, VA 22407
Corporate-backed absolute NNN lease with long-term occupancy and signalized-corner access.
Property Size11,886 SF
Lot Size1.32 Acres
Days on Market145
Property Features for 4201 Plank Road
General Information
Standard status
Active
Size
11,886 SF
Total Parking Spaces
62
Lot size
1.32 Acres
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
eXp Commercial
Listed By:
Michael Ahles · License #MN 20324981
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:38AM
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 eXp Commercial
Investment Insights
Based on property information with market context.
This freestanding, single-tenant drugstore contains 11,886 square feet on a 1.32-acre parcel. The built-to-suit facility includes a drive-through, approximately 62 parking spaces, and two ingress and egress points. The property is leased under a corporate-guaranteed absolute NNN structure, with 17 years remaining and a three-year rent holiday scheduled at the end of the term. CVS Caremark Corporation backs the lease.
The store occupies a signalized intersection at Highway 3 (Plank Road) and Salem Church Road, where reported traffic exceeds 46,000 vehicles per day. It is positioned as an outparcel to Chandellor Center Shopping Mall, which includes Food Lion, Aldi, Tractor Supply Co., HobbyTown, McDonald's, Chick-fil-A, Arby's, AutoZone, PNC Bank, and Sherwin Williams.
The store occupies a signalized intersection at Highway 3 (Plank Road) and Salem Church Road, where reported traffic exceeds 46,000 vehicles per day. It is positioned as an outparcel to Chandellor Center Shopping Mall, which includes Food Lion, Aldi, Tractor Supply Co., HobbyTown, McDonald's, Chick-fil-A, Arby's, AutoZone, PNC Bank, and Sherwin Williams.
Key Highlights
- 11,886‑square‑foot single‑tenant drugstore on 1.32 acres
- Approximately 62 parking spaces and a drive‑through
- 17 years remaining on the corporate‑guaranteed absolute NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
430k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 21%
Superstores 14%
Groceries 12%
BJ's Wholesale Club
Superstores
60,341 visits/mo
0.3 miles
Chick-fil-A
Dining
47,306 visits/mo
0.1 miles
Wawa
Shops & Services
45,644 visits/mo
0.3 miles
Texas Roadhouse
Dining
35,494 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
25,916 visits/mo
0.2 miles
Demographics for 22407, VA
62,668
Population
23,305
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
90%
High-School Grad
61.0 sq mi
ZIP Area
1,027
Density / Sq Mi
$105,218
Median Household Income
$47,282
Median Earnings
$1,758
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Medi-Innovate Pharmacy — 4500 Plank Rd #1024, Fredericksburg, VA 22407
- CVS Pharmacy — 4201 Plank Rd, Fredericksburg, VA 22407
- Alima Fonderson — 4201 Plank Rd, Fredericksburg, VA 224074805
- Standard Drug Co Prescription — 960 Bragg Rd, Fredericksburg, VA 22407
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-backed absolute NNN lease with long-term occupancy and signalized-corner access.
Where is this drug store located?
The property is located at 4201 Plank Road Fredericksburg, VA.
What are key features of this property?
This property features: 11,886‑square‑foot single‑tenant drugstore on 1.32 acres; Approximately 62 parking spaces and a drive‑through; 17 years remaining on the corporate‑guaranteed absolute NNN lease
