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    9841 Patriot Hwy Fredericksburg, VA 22407

    Sponsored
    For Lease
    $15 SF/Yr

    High-traffic retail space, excellent lease rates.

    Lot size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 17,500 square foot retail center, located in the Cosner Corner Shopping Center in Fredericksburg City, offers a prime retail opportunity. Anchored by a Hallmark Card store, this property enjoys a high-traffic location directly across from a Super Target. The center is situated in a rapidly growing area of Spotsylvania County, close to the Spotsylvania Regional Medical Center Hospital, ensuring high visibility and customer traffic. The property features three available spaces, starting at 3,500 square feet, and includes one second-generation restaurant space complete with a hood system and existing equipment. This presents a unique opportunity for a variety of businesses. The center boasts ample parking with 84 dedicated spaces, providing a nearly 5:1 parking ratio. Attractive lease rates and tenant improvement allowances are available, making this an exceptional value. The property is zoned C3, offering flexibility for various commercial uses. This is an ideal location for businesses seeking high visibility, strong demographics, and convenient access to major roadways and amenities. The existing infrastructure and ample parking make this a turn-key opportunity for immediate occupancy.

    Property Features for 9841 Patriot Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,500 SF
    Total Rate
    21875

    Unit(s) available at that property

    Space
    Size
    17,500 SF
    Rate per SF
    $15

    HighLights

    • Retail and land property totaling 17,500 square feet.
    • Single‑tenant building with multiple suites available.
    • Located in Cosner Corner Shopping Center across from a Super Target.
    • Three vacant spaces available, starting at 3,500 square feet each.
    • Includes a former restaurant space with existing hood system and equipment.
    • Offers competitive lease rates and tenant improvement allowances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fredericksburg
    County
    Fredericksburg City
    State
    Virginia
    Longitude
    -77.5040165
    Latitude
    38.2239648

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    FAQs

    What type of property is this?
    Land - High-traffic retail space, excellent lease rates.
    Where is this land located?
    The property is located at 9841 Patriot Hwy Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail and land property totaling 17,500 square feet.; Single-tenant building with multiple suites available.; Located in Cosner Corner Shopping Center across from a Super Target.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9841 Patriot Hwy Fredericksburg, VA 22407
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