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Retail Center in High-Growth Area
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5701 - 5769 Plank Road, Fredericksburg, VA 22407

Shopping center in a rapidly growing Fredericksburg, Virginia region.

Space Size1,327 SF - 4,000 SF
Property Size256,556 SF
Days on Market169

Property Features for 5701 - 5769 Plank Road

General Information

Standard status Active
Size 1,327 SF - 4,000 SF
Property subtype Retail

Building Details

Building Size 256,556 SF
Year Built 2007

Spaces For Lease

at 5701 - 5769 Plank Road Contact us

5711 Plank Rd

Size
1,950 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

5721 Plank Road

Size
1,327 SF
Type
Power Center
Term
Negotiable
Rate
Contact for pricing
Contact us

5723 Plank Road

Size
4,000 SF
Type
Power Center
Term
Negotiable
Rate
Contact for pricing
Contact us

5747 Plank Road

Size
3,300 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

5749 Plank Road

Size
4,000 SF
Type
Strip Center
Term
Negotiable
Rate
Contact for pricing
Contact us

5757 Plank Rd

Size
1,500 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Divaris Real Estate | Washington DC
Listed By: Joseph Farina
Source: Divaris
Added: Mar 26 Changed: Sep 2 Last Checked: Sep 10 at 7:43AM

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.

Located at the intersection of Route 3 and Harrison Road, Harrison Crossing serves as the primary shopping center along Route 3's western corridor in Fredericksburg, Virginia. The center benefits from a signalized intersection and additional access points along Plank Road, facilitating ease of access. Anchored by Giant Food, Home Depot, and Petco, Harrison Crossing includes a mix of national retail tenants that attract consistent customer traffic. Fredericksburg, strategically positioned along the I-95 corridor between Washington D.C. and Richmond, has experienced rapid growth over the past five years and is projected to continue on this trajectory. The property is located at 5701 - 5769 Plank Road.

Key Highlights

  • Anchored by Giant Food, Home Depot, and Petco, attracting consistent customer traffic.
  • Located at the intersection of Route 3 and Harrison Road, the main shopping center on Route 3's western corridor.
  • Easily accessible via a signalized intersection and additional access points on Plank Road.

Property Analytics

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Current Use

higi Medical Clinic Giant Food - Ledo ... Take-out & Catering KeyMe Locksmiths Locksmith Steve Chung Pharmacy Ali Mohammed Pharmacy

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store Garden Center Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby
344k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Groceries 21% Shops & Services 14% Home Improvements & Furnishings 10%
Giant Groceries
48,940 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
33,812 visits/mo 0.2 miles
McDonald's Dining
27,654 visits/mo 0.2 miles
SONIC Drive In Dining
24,800 visits/mo 0.1 miles
Lidl Groceries
23,827 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Harrison Crossing 5769 Plank Rd, Fredericksburg, VA 22407
  • Coinstar Kiosk | Bitcoin ATM Giant Landover, 5701 Plank Rd., Fredericksburg, VA 22407

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center in a rapidly growing Fredericksburg, Virginia region.
Where is this shopping center located?
The property is located at 5701 - 5769 Plank Road Fredericksburg, VA.
What are key features of this property?
This property features: Anchored by Giant Food, Home Depot, and Petco, attracting consistent customer traffic.; Located at the intersection of Route 3 and Harrison Road, the main shopping center on Route 3's western corridor.; Easily accessible via a signalized intersection and additional access points on Plank Road.
More about this property
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