Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

11320-11326 Patriot Hwy 1,425 - 4,393 SF Office/Retail Condo Units Offered at $473,217 - $1,349,101 CAD Per Unit in Fredericksburg, VA 22408

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

This property is well located on the west side of Route One near its intersection with Hudgins Road in the Spotsylvania County, Virginia. The property fronts on the Route One service lane providing excellent visibility and easy access for customer convenience. This property sits in an area known as the “Fredericksburg Motor Mile”, a location with multiple large automobile dealerships and other businesses. 11322 Patriot Highway: This 4,393 square foot space has a lobby, recording area, stage, commercial kitchen,two (2) toilets, office, break room, utility room and a large open area. This unit is currently leased to Kingdom Equipt Ministries. Condo Fee: $658.95 per month Taxes: $413.53 per month 11326 Patriot Highway: This 1,767 square foot unit is comprised of a reception area, three offices, conference room, one large open room and two unisex bathrooms. The space is completely built out and is perfect for a small business needing multiple offices. This unit is currently leased by Ecoverseva, LLC. Condo Fee: $434.00 per month Taxes: $185.22 per month 11320 Patriot Highway: This 1,425 square foot space has a large reception area, two (2) offices and one (1) toilet. Currently Leased to Kingdom Equipt Ministries. Condo Fee: $213.75 per month Taxes: $185.23 per month

PROPERTY FACTS

Total Building Size 12,995 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Building Class B
Floors 1
Typical Floor Size 12,995 SF
Year Built 1965
Lot Size 1.31 AC
Parking Ratio 6/1,000 SF
Zoning C-3 - Heavy Commercial

3 UNITS AVAILABLE

Unit 11320

Unit Size 1,425 SF
Price $473,217 CAD
Price Per SF $332.08 CAD
Condo Use Office/Retail
Sale Type Investment
DESCRIPTION

11320 Patriot Highway: This 1,425 square foot unit is comprised of a large reception area with retail counter, two offices and one unisex bathroom. The space is completely built out and is perfect for anyone needing a large retail area and multiple offices. This space is also an end cap location for convenience and visibility. Unit is currently leased to Kingdom Equipt Ministries.

Unit 11322

Unit Size 4,393 SF
Price $1,349,101 CAD
Price Per SF $307.10 CAD
Condo Use Office/Retail
Sale Type Investment
DESCRIPTION

This 4,393 square foot space has a lobby, recording area, stage, commercial kitchen, two (2) toilets, office, break room, utility room and a large open area.
Currently leased to Kingdom Equipt Ministries.
Condo Fee: $658.95 per month
Taxes: $413.53 per month

Unit 11326

Unit Size 1,767 SF
Price $523,330 CAD
Price Per SF $296.17 CAD
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 8.00%
NOI $41,866.43 CAD
No. Parking Spaces 10
DESCRIPTION

11326 Patriot Highway, this 1,767 square foot space has one reception area, four (4) offices, one (1) large conference room and two (2) toilets. It is currently leased by Ecoverseva, LLC, a water system treatment company.
Condo Fee: $434.00 per month
Taxes: $185.22 per month

NEARBY MAJOR RETAILERS

Jazzercise
Toyota
United Rentals
  • Listing ID: 31231010

  • Date on Market: 2024-07-15

  • Last Updated:

  • Address: 11320-11326 Patriot Hwy, Fredericksburg, VA 22408

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}