560 Celebrate Virginia Pkwy Fredericksburg, VA 22406
- Retail space
- 17,050 SF
- 2.35 lot acres
Current Use by Public Records
- Advantage Dental / Dental Clinic
- El Jimador Azteca Mexican Family Restaurant / Mexican Restaurant
- Kulbir Singh Goraya / Dentist
- Kumon Math and Reading Center of FREDERICKSBURG - NORTHWEST / Tutoring Service / After School Program
- Moto Haven LLC (Suite #103 PMB #112) / License Bureau
Property Details for 560 Celebrate Virginia Pkwy
- Year built
- 2007
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.35 lot acres
- Property size
- 17,050 SF
- Zone code
- B2- URBAN COMM
- Property type
- Retail space
- APN
- 44Y-5D
- APU
- 44Y5D
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Stafford
- State
- Virginia
- Longitude
- -77.5222
- Latitude
- 38.359
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA