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4901 Plank Rd
Fredericksburg, VA 22407
BetterMed Urgent Care · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
6,200 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,200 SF
Building FAR
0.18
Lot Size
0.77 AC
Zoning
C2
Parking
39 Spaces (6.29 Spaces per 1,000 SF Leased)

About 4901 PLANK RD , FREDERICKSBURG, VA 22407

Pegasus Investments Real Estate Advisory Inc. is pleased to offer an exceptional opportunity to acquire a newly constructed single tenant BetterMed urgent care center in Fredericksburg, Virginia, a thriving suburb of Washington D.C. The property is offered pursuant to a triple net lease featuring 13 years of remaining term with 1.5% annual rent increases. BetterMed is an experienced and growing regional urgent care operator with over seven (7) years of operating history and eight (8) locations in Virginia with two additional units currently in development. The tenant under the lease is a corporate BetterMed entity and carries a personal guaranty by five (5) doctors. The property is situated along Route 3 (Plank Road), Fredericksburg’s booming path of growth, less than five minutes from Interstate 95, which connects Fredericksburg to Washington D.C. carrying average traffic of 180,000 ADT.

Property Taxes

Property Taxes

Parcel Number
22-A-162E
Land Assessment
$257,000
Improvements Assessment
$744,500
Total Assessment
$1,001,500
  • Listing ID: 17011560

  • Date on Market: 8/23/2019

  • Last Updated:

  • Address: 4901 Plank Rd, Fredericksburg, VA 22407

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