Fredericksburg, VA
Wells Fargo (Recent Lease Renewal)
Offered for sale is a ground lease Wells Fargo located in Fredericksburg, Virginia. The property features a 4,051-square-foot freestanding branch on a 1.33-acre parcel with direct frontage and signalized access along Warrenton Road (US Route 17). The site is an outparcel to the Giant Food-anchored Banks Ford Shopping Center within the Celebrate Virginia North mixed-use development and has operated at this location for 19 years. Nearby retailers include Lowe’s, Aldi, Wawa, CVS, Chick-fil-A, Panda Express, Five Guys, and Chase Bank.
| Price | $4,043,000 |
| Cap Rate | 6.75% |
| Building Size | 7,925 sqft |
| Lot Size | 1.33 acres |
| Year Built | 2006 |
Vincent Knipp
Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633 
Ryan Wolf
Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900 FINANCING TEAM
|
Vincent Knipp
Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
Ryan Wolf
Managing Director
(972) 755-5207
RWolf@marcusmillichap.com
License: TX 622900 