11 Smokehouse Dr Fredericksburg, VA 22406

This exceptional 7% cap rate shopping center, located at 11 Smokehouse Dr, Fredericksburg, VA 22406, presents a compelling investment opportunity. Priced at $3,700,000, the property boasts a strong Net Operating Income (NOI) of $259,000. Its strategic location offers significant advantages, including proximity to dense residential areas, ensuring a consistent customer base. The property benefits from excellent visibility on Smokehouse Dr and Plantation Dr, and enjoys convenient access to major roadways, specifically Warrenton Road (Rt. 17), and is less than 1.5 miles from I-95 at Exit 133B. Ample parking is available for customers and tenants. The current owner is open to subdividing the property for lease, providing flexibility for potential buyers seeking to tailor the space to their specific needs. This makes it an ideal investment for both seasoned investors and those new to the commercial real estate market. The property's strong performance and strategic location make it a highly attractive investment opportunity with significant potential for future growth and return. The property is classified as retail and is categorized as a shopping center. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving Virginia market.