Bank Branch with
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7110 Harrison Rd, Fredericksburg, VA 22407
Single-story banking facility under a corporate NNN ground lease with extension options and scheduled rent increases.
Property Size4,493 SF
Lot Size1.37 Acres
Days on Market142
Property Features for 7110 Harrison Rd
General Information
Standard status
Active
Size
4,493 SF
Total Parking Spaces
26
Lot size
1.37 Acres
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Steven Siegel · License #NY 30SI0857139
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 4:53PM
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 - Manhattan
Investment Insights
Based on property information with market context.
The property includes a 4,493-square-foot, single-story bank building on a 1.37-acre lot. Improvements include three drive-through lanes and 26 parking spaces. The property is occupied by Bank of America under a corporate-guaranteed NNN ground lease running through November 4, 2033, with 10+/- years remaining in the base term and five five-year extension options. The lease provides 10% increases every five years during the base term and option periods, while the tenant covers CAM, taxes, insurance, roof, and structural maintenance.
The site occupies the signalized, four-way intersection of Harrison Road and Plank Road, with reported daily traffic of 14,000 and 83,616 vehicles, respectively. Harrison Crossing Mall, a 280,000-square-foot center anchored by Home Depot, Stop & Shop, and Petco, is directly across the street. National retailers in the surrounding area include Starbucks, Walgreens, Wendy’s, Wells Fargo Bank, and Lidl.
The site occupies the signalized, four-way intersection of Harrison Road and Plank Road, with reported daily traffic of 14,000 and 83,616 vehicles, respectively. Harrison Crossing Mall, a 280,000-square-foot center anchored by Home Depot, Stop & Shop, and Petco, is directly across the street. National retailers in the surrounding area include Starbucks, Walgreens, Wendy’s, Wells Fargo Bank, and Lidl.
Key Highlights
- 4,493‑square‑foot bank building on a 1.37‑acre lot
- Corporate‑guaranteed NNN ground lease through November 4, 2033
- 10+/- years remaining in the base term with 5, five‑year extension options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
344k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 21%
Shops & Services 14%
Home Improvements & Furnishings 10%
Giant
Groceries
48,940 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
33,812 visits/mo
0.3 miles
McDonald's
Dining
27,654 visits/mo
0.1 miles
SONIC Drive In
Dining
24,800 visits/mo
0.2 miles
Lidl
Groceries
23,827 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-story banking facility under a corporate NNN ground lease with extension options and scheduled rent increases.
Where is this nnn property located?
The property is located at 7110 Harrison Rd Fredericksburg, VA.
What are key features of this property?
This property features: 4,493‑square‑foot bank building on a 1.37‑acre lot; Corporate‑guaranteed NNN ground lease through November 4, 2033; 10+/- years remaining in the base term with 5, five‑year extension options
