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Neighborhood Shopping Center Anchored by Giant Food
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550-560 Celebrate Virginia Pkwy, Fredericksburg, VA 22406

Neighborhood shopping center anchored by Giant Food with prominent frontage along the Route 17 corridor in Stafford County.

Space SizeContact for details
Property Size2,800 SF
Days on Market1279

Property Features for 550-560 Celebrate Virginia Pkwy

General Information

Standard status Active
Size 2,800 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Divaris Real Estate | Washington DC
Listed By: Joseph Farina
Source: Moodyscre
Added: Feb 3, 2023 Changed: Jul 30 Last Checked: Aug 4 at 7:55AM

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 Divaris Real Estate | Washington DC

Investment Insights

Based on property information with market context.

The Banks Ford Shopping Center is a neighborhood center anchored by Giant Food, serving area residents and employees. The offering is located along the Route 17 corridor and provides 2,800 SF of retail space. The property is positioned for visibility with great frontage to Route 17, supported by reported traffic counts of 42,000+ VPD.

The center is described as centrally located to major businesses along Route 17, including Geico (4,000+), The FBI (1,000+), and the Mary Washington Healthcare system (5,000+). It is also noted to be 1 mile from the University of Mary Washington Stafford campus and easily accessed via I-95, approximately 2 miles away.

Overall, the property is presented as part of a rapidly growing area, with population growth reported over the last decade and expected to continue over the next 5 years.

Key Highlights

  • Anchored by Giant Food
  • Frontage to Route 17 with 42,000+ VPD
  • 2,800 SF retail space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon HVAC Service Spa & Massage Center Nail Salon

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby
180k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Groceries 21% Shops & Services 20% Home Improvements & Furnishings 12%
Chick-fil-A Dining
36,571 visits/mo 0.3 miles
Giant Groceries
24,138 visits/mo 0.0 miles
Lowe's Home Improvements & Furnishings
22,092 visits/mo 0.3 miles
Dollar Tree Shops & Services
15,092 visits/mo 0.3 miles
SONIC Drive In Dining
13,993 visits/mo 0.3 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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center anchored by Giant Food with prominent frontage along the Route 17 corridor in Stafford County.
Where is this shopping center located?
The property is located at 550-560 Celebrate Virginia Pkwy Fredericksburg, VA.
What are key features of this property?
This property features: Anchored by Giant Food; Frontage to Route 17 with 42,000+ VPD; 2,800 SF retail space
(571) 620-5142 Call to check price and availability
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