28 Watson Way | Fredericksburg, VA 22406
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28 Watson Way
Fredericksburg, VA 22406
National Tire and Battery · Retail Property For Sale
Investment Highlights
- Corporately Owned and Operated NTB with 19 Years Remaining, Extremely Strong Lease Guarantee by TBC Corporation and Sumitomo Corporation
- Three, 5 Year Tenant Renewal Options
- Just off Interstate 95 (150,000 VPD) and fronts Warrenton Road (50,000 VPD)
- Absolute Triple Net Lease with Zero Landlord Responsibilities Cumulative CPI Rent Escalations Capped at 12%, every 5 Years
- Huge Growth Market with over 19% Year over Year population increase, Excellent Visibility with Strong Demographics in 3-Mile Trade Area
- Highly Affluent suburban area with an average household income above $100,000 with 3 and 5-Miles
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,922 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.68 AC
Zoning
B2
Frontage
116’ on Watson Way
Property Taxes
| Parcel Number | 44Y-15B | Improvements Assessment | $1,108,600 |
| Land Assessment | $647,800 | Total Assessment | $1,756,400 |
Property Taxes
Parcel Number
44Y-15B
Land Assessment
$647,800
Improvements Assessment
$1,108,600
Total Assessment
$1,756,400
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