5900 Harrison Road
Fredericksburg, VA
Price:
$6,666,000
Cap Rate:
5.15%
NOI:
$343,327
Building Size:
Approx. 4,650 Sq. Ft.
Lot Size:
Approx. 2.32 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,650 +/- SF Building on 2.32+/- Acre Site
- 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Excellent Signalized, Hard Corner Location at the Intersection of Harrison Rd & Leavells Rd (45K Combined VPD)
- Subject Property Located Directly Across from CVS and is Positioned at the Entrance to Several Neighborhoods
- Near Several Schools Including Chancellor High School (1K+ Students) & Chancellor Middle School (800+ Students)
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Fredericksburg | Located Between Washington, DC & Richmond, VA | Population: 28,000+