4300 Plank Rd Fredericksburg, VA 22407

Property Details for 4300 Plank Rd

Year built

1990

Lot size

2.01 lot acres

Property size

20,000 SF

Zone code

C2 - COMMERCIAL 2

Property type

Commercial real estate

APN

23-13-B2

APU

2313B2

Description

This exceptional investment opportunity presents a 20,000 square foot retail building situated on a 2.01-acre lot at 4300 Plank Road in Fredericksburg, Virginia. The property enjoys a prime location on one of the busiest retail corridors in the Fredericksburg region, less than two miles west of I-95. Boasting over 70,000 vehicles passing daily, this 100% leased, NNN property offers exceptional visibility and accessibility. The building features abundant parking with 110 spaces, providing a generous 5.5:1 parking ratio. Its strategic location benefits from proximity to key economic drivers, including a 702-space commuter lot, the Chancellor Center (anchored by Planet Fitness, Aldi, and Tractor Supply), and densely populated residential areas with over 50,000 residents within a three-mile radius and 100,000 within five miles. This high-demand location ensures consistent tenant occupancy and strong rental income. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking a stable and profitable retail asset in a thriving market. Further details are available in the offering memorandum.

Location Insight

City

Fredericksburg

County

Spotsylvania

State

Virginia

Longitude

-77.5365

Latitude

38.2882

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments