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27 S Gateway Dr
Fredericksburg, VA 22406

$9,580,000 USD

General Retail For Sale • 40,617 SF

Property Details

Property Type General Retail
Total Building Size 40,617 SF
Lot Size 3.92 AC
Building Class B
Year Built 2007
Cap Rate 8.00 %
Tenancy Multiple
Zoning PDC

0 Transit Score

35 Walk Score

                
                    Highlights
                
                                100% leased Target shadow community center with seven (7) tenants
                            
                                Loyal tenant base with a 4.0 year weighted average lease term remaining (WALT)
                            
                                Over 61% of GLA is occupied by national tenants
                            
                                Excellent tenant diversity with service retailers, fitness, food & beverage, and medical users
                            
                                Located directly off Interstate 95 (170,000 VPD) - the East Coast’s main corridor- at Exit 133
                            
                                Located on South Gateway Drive just off of U.S. Route 17 which sees over 44,000 additional vehicles pass by the Property daily

Property Flyers

Offering Memorandum

Cap Rate:

8.00 %

Amenities

Pylon Sign
Signage
Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fredericksburg (Fredericksburg Line - Virginia Railway Express)	10 min	-	5.0 mi
Leeland Road (Fredericksburg Line - Virginia Railway Express)	12 min	-	6.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	196
Type:	Surface
Included in Rent:	Yes

Will Young 706-346-4662 Bull Realty Inc.

27 S Gateway Dr Fredericksburg, VA 22406