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    27 Gateway Dr Fredericksburg, VA 22406

    Sponsored
    For Lease
    $20 SF/Yr

    High-traffic retail space in Fredericksburg, VA

    Lot size:
    40,617 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 27 S. Gateway Drive, Suite 125, Fredericksburg, VA 22406. The Carter's Crossing Retail Center boasts a total of 40,617 square feet situated on a 3.92-acre lot. Currently, there are two available spaces totaling 4,480 square feet (1,954 sq ft and 2,526 sq ft). One space is a second-generation restaurant space, complete with existing hood and equipment. The center enjoys a prime location just off Exit 133 of I-95, providing excellent visibility and accessibility on the heavily traveled Route 17 corridor. This Target and PetSmart anchored center benefits from strong co-tenancy with Anytime Fitness, a dentist's office, and a dance studio. Convenient out-parcel retailers include Panera Bread, Chipotle, an AT&T store, and McDonald's. The property is zoned B2 and features a Net Net Net (NNN) fee of $3.75 per square foot. This is a rare chance to secure retail space in a thriving, high-visibility location. The property offers significant potential for a variety of retail businesses.

    Property Features for 27 Gateway Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,617 SF
    Total Rate
    67695

    Unit(s) available at that property

    Space
    Size
    40,617 SF
    Rate per SF
    $20

    HighLights

    • Exceptional retail space totaling 4,480 square feet available in Carter's Crossing Retail Center, Fredericksburg, VA.
    • Two suites available: 1,954 sq ft and 2,526 sq ft; one is a former restaurant with existing hood and equipment.
    • Prime location off I‑95 Exit 133, on heavily trafficked Route 17, with strong co‑tenancy including Target and PetSmart.
    • NNN lease rate: $3.75/SF.
    • B2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ansam Albergogue Zaiber Dentist PetSmart Dog Training Dog Trainer Dr. Rakesh Rao Neonatal Physician PetSmart Grooming Pet Groomer Virginia School of Bhangra ... Dance School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.4924089
    Latitude
    38.3455676

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    FAQs

    What type of property is this?
    Land - High-traffic retail space in Fredericksburg, VA
    Where is this land located?
    The property is located at 27 Gateway Dr Fredericksburg, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Exceptional retail space totaling 4,480 square feet available in Carter's Crossing Retail Center, Fredericksburg, VA.; Two suites available: 1,954 sq ft and 2,526 sq ft; one is a former restaurant with existing hood and equipment.; Prime location off I-95 Exit 133, on heavily trafficked Route 17, with strong co-tenancy including Target and PetSmart.
    Request Owner's contact information
    27 Gateway Dr Fredericksburg, VA 22406
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    Fredericksburg, VA 22406
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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
    27 Gateway Dr Fredericksburg, VA 22406
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