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Meineke l Absolute NNN l Fee Simple 10046 Jefferson Davis Hwy 4,484 SF Retail Building Fredericksburg, VA 22407 $1,780,506 CAD ($397.08 CAD/SF) 7% Cap Rate

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Investment Highlights

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
3% rental increases every years providing a hedge against inflation
Leased to Meineke, a nationally recognized automotive repair brand with over 700 locations across the U.S. and Canada.

High Traffic Counts (59,000 vehicle per day)
Dense residential trade area – 207,767 residents within a 10-mile radius of the subject property
Situated along Jefferson Davids Hwy (Patriots Hwy), a heavily traveled thoroughfare seeing 59,000+ VPD, providing excellent visibility and accessibili

Executive Summary

Fortune Realty is pleased to exclusively offer for sale the Meineke 4,484SF situated on 0.52 acres in Fredericksburg, VA, a component of the broader Washington D.C. MSA. Strategically located just off Exit 126 of Interstate 95(0.5 mile), heavily traveled Patriot Highway (Route 1), ensuring a strong consumer draw and steady traffic flow (59,000 Daily Traffic counts). Originally set to expire in 2030, Tenant has its renewal option, extending the lease through 2035. The lease currently has +4.3 years of term remaining with 3% annual rent. The lease feature 3% rental increases every year at the beginning of option period. Please DO NOT disturb the current operator!

MeinekeOM