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Property profile

9841 Patriot Hwy Fredericksburg, VA 22407

OFF-MARKET
Retail properties & Spaces
17,500 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 17,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9841 Patriot Hwy Fredericksburg, VA 22407
Fredericksburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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