560 Celebrate Virginia Pkwy Fredericksburg, VA 22406
For Lease
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The Banks Ford Shopping Center, located at 560-570 Celebrate Virginia Parkway in Fredericksburg, Virginia (zip code 22406), presents a compelling investment opportunity in a thriving retail market. This 124,095 square foot shopping center, built in 2006, sits on a 7.26-acre lot and features eight suites, offering multiple tenancy options. Currently, there are 26,113 square feet of vacant space available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 12,000 square feet. The center benefits from its strategic location along the Route 17 corridor, providing excellent visibility and accessibility. This prime location serves a substantial population base, including employees of major employers such as Geico (4,000+ employees), the FBI (1,000+ employees), and the Mary Washington Healthcare System (5,000+ employees). Stafford County has experienced significant population growth in the last decade, and projections indicate continued upward growth for the next five years, making this a particularly attractive investment prospect for businesses seeking to capitalize on this expanding market. The property is situated in Stafford County, Virginia.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B2- URBAN COMM · Fredericksburg, VAFredericksburg. Always verify with local authorities before improvements.
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.