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    10115-10129 Patriot Hwy Fredericksburg, VA 22407

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail center, 5,000 SF available.

    Lot size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail investment opportunity presents 65,000 square feet of prime retail space in the thriving Cosner's Corner of Fredericksburg, Virginia. Located at the highly visible intersection of Patriot Highway (Route 1) and Mills Drive (Route 17), just off I-95, this multi-tenant center boasts an impressive combined Average Daily Traffic (ADT) exceeding 65,000 vehicles. The property benefits from excellent access and visibility from both Route 1 and Route 17. Currently, the center houses a strong mix of tenants including Navy Federal Credit Union, Great Clips, Red Robin, and Fatty's Taphouse, ensuring consistent foot traffic. This strategic location within Cosner's Corner provides further advantages, as it is part of a larger retail hub encompassing over 1.5 million square feet of retail space, including major anchors such as Target, Kohl's, World Market, and Publix. Currently, 5,000 square feet of space is available. Monument signage is available at the intersection of Route 1 and Route 17, offering unparalleled branding opportunities. This property is situated in Spotsylvania County, Virginia, with the address being 10115-10129 Patriot Highway, Fredericksburg, VA 22407.

    Property Features for 10115-10129 Patriot Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,000 SF

    Unit(s) available at that property

    Space
    10119
    Size
    5,000 SF

    HighLights

    • Immediate availability.
    • 5,000 square feet of demisable space.
    • Negotiable rental rate.
    • Net charges: $1.10/SF CAM, $2.20/SF taxes, $0.73/SF insurance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.5044757
    Latitude
    38.2281241

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, 5,000 SF available.
    Where is this retail property located?
    The property is located at 10115-10129 Patriot Hwy Fredericksburg, VA.
    What are key features of this property?
    This property features: Immediate availability.; 5,000 square feet of demisable space.; Negotiable rental rate.
    Request Owner's contact information
    10115-10129 Patriot Hwy Fredericksburg, VA 22407
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    Fredericksburg, VA 22407
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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
    10115-10129 Patriot Hwy Fredericksburg, VA 22407
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