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4625 Harrison Rd
Fredericksburg, VA 22408
Wawa US1 | 19+ Years at Location · Retail Property For Sale
Investment Highlights
- Wawa has operated at this location since 2006, demonstrating long-term commitment by proactively exercising two 10-year renewal options.
- The lease is backed by a corporate guarantee from Wawa, Inc., one of the largest privately held companies in the U.S. Wawa is ranked No. 22 on Forbes.
- Positioned at a signalized intersection along US-1, the property enjoys outstanding visibility and access, with traffic counts exceeding 41,000 VPD.
- The lease includes over 16 years of remaining term, with zero landlord responsibilities and 7.5% rental increases every five years.
- The current lease is priced approximately 30% below market rent, providing built-in value and a strong foundation for long-term income growth.
- Located in a highly active commuter corridor, the property benefits from steady daily traffic from residents commuting to Washington, D.C. & Richmond.
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,734 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.18 AC
Zoning
C3 - Commercial
Parking
20 Spaces
Frontage
103’ on Jefferson Davis Hwy
Amenities
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 24C-3-A-8R | Improvements Assessment | $3,527,300 |
| Land Assessment | $1,030,100 | Total Assessment | $4,557,400 |
Property Taxes
Parcel Number
24C-3-A-8R
Land Assessment
$1,030,100
Improvements Assessment
$3,527,300
Total Assessment
$4,557,400
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