10115-10129 Patriot Hwy Fredericksburg, VA 22407
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.