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Lafayette Junction Retail Center 4416-4434 Lafayette Blvd 18,250 SF 100% Leased Retail Building Fredericksburg, VA 22408 $2,750,000 ($150.68/SF)
Investment Highlights
- 18,250 SF retail/specialty center building
- Easily Accessible to customers
- Adaptable space for specialty center concept
- Strategic C-3 zoning
- Versatile potential for retail uses
- Prominent presence in Fredericksburg area
Executive Summary
Lafayette Junction Retail Center is a well-situated multi-tenant retail building in Fredericksburg. 18,250 SF of in-line retail space with glass store front windows and a brick facade. It includes 4416-4434 Lafayette Blvd, 22408. Plenty of surface parking on the 1.8 acre lot.
Flexible C-3 zoning (Commercial Highway) in Spotsylvania County with many uses allowed by right. Easy, quick access to major roadways.
Discover the vibrant potential of this Fredericksburg location - a prime opportunity for Retail/Specialty Center owner occupants or investors looking for upside potential.Appx 12,000 SF will be vacatant and available to occupy or lease. Located near the intersection of major thoroughfares, Lafayette Junction Retail Center offers access to a high-visibility area with strong traffic flows. The area boasts a dynamic mix of retail, dining, and entertainment options. Accessible from both Route 1/Patriot Hwy and Lafayette Blvd. Close proximity to Interstate 95 via exit 126, less than 1.5 miles away.
Flexible C-3 zoning (Commercial Highway) in Spotsylvania County with many uses allowed by right. Easy, quick access to major roadways.
Discover the vibrant potential of this Fredericksburg location - a prime opportunity for Retail/Specialty Center owner occupants or investors looking for upside potential.Appx 12,000 SF will be vacatant and available to occupy or lease. Located near the intersection of major thoroughfares, Lafayette Junction Retail Center offers access to a high-visibility area with strong traffic flows. The area boasts a dynamic mix of retail, dining, and entertainment options. Accessible from both Route 1/Patriot Hwy and Lafayette Blvd. Close proximity to Interstate 95 via exit 126, less than 1.5 miles away.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,250 SF
Building Class
C
Year Built
1985
Price
$2,750,000
Price Per SF
$150.68
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
C-3 - C-3 Commercial Highway in Spotsylvania County.
Parking
49 Spaces (2.68 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24D-5-2 | Improvements Assessment | $1,562,300 |
| Land Assessment | $784,100 | Total Assessment | $2,346,400 |
Property Taxes
Parcel Number
24D-5-2
Land Assessment
$784,100
Improvements Assessment
$1,562,300
Total Assessment
$2,346,400
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Lafayette Junction Retail Center | 4416-4434 Lafayette Blvd