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Investment Highlights

  • Outparcel to 400,000 SF Power Center
  • 100% Leased To National Tenants
  • Drive-Thru

Executive Summary

5635 Plank Road benefits directly from its position as an outparcel to Harrison Crossing (±400,000 SF | anchored by Home Depot and Giant Food), one of the most productive power centers along the Plank Road corridor. The wider trade area includes several of the region's dominant retail nodes — Central Park Marketplace (Walmart Supercenter, Target, Wegmans, Best Buy, Lowe's), Chancellor Center (Weis), and Eagle Village (Giant) — all of which reinforce sustained daily traffic through this section of Route 3. Harrison Crossing itself has sustained a vacancy rate of less than 2%, reflecting durable tenant demand and limited competing supply in the immediate trade area.
5635 Plank Road is fully leased to five national and credit-rated retail and restaurant concepts — Wingstop, AT&T (Prime Communications), Jersey Mike's Subs, Supercuts, and Burger King. Each operator brings a proven, multi-thousand-unit national footprint to the center, providing a next owner with durable, diversified cash flow and minimal releasing risk.
The rent roll is anchored by Burger King's rare 20-year original lease term (through 2038) with four additional 5-year renewal options extending potential occupancy beyond 2058. The remaining four tenants carry original 10-year terms with contractual rent escalations and multiple renewal options, creating a staggered maturity schedule that limits rollover exposure in any single year.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
8,037 SF
Building Class
B
Year Built
2018
Price
$5,640,000
Price Per SF
$701.75
Cap Rate
5.56%
NOI
$313,853
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.23 AC
Zoning
C-2, C-3 - General Commercial zoning designation, allowing for a wide variety of commercial uses.
Parking
49 Spaces (6.1 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • At&t Communications
  • Information
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Burger King began in 1953 as Insta-Burger King, a Jacksonville-based restaurant chain, and later took the current Burger King name after a Miami franchisee pair acquired and expanded the business. The company is a global hamburger fast-food chain known for flame-broiled burgers and a menu that also includes chicken sandwiches, fries, breakfast items, desserts, and beverages. Burger King has built a broad restaurant presence over time while keeping its core focus on quick-service meals and franchised operations.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Jersey Mike's Subs began in Point Pleasant, New Jersey, in 1956 as Mike's Subs, a neighborhood sandwich shop that later became Jersey Mike's Subs. Jersey Mike's Subs operates as a fast-casual restaurant franchisor centered on submarine sandwiches, with menu items prepared Mike's Way and customer channels that include online ordering and catering. Jersey Mike's Subs has grown into a wide franchise network across the United States and Canada, with more than 3,300 locations.

  • SuperCuts
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

Wingstop began in 1994 as a small buffalo-style chicken wing restaurant in Garland, Texas, and started franchising in 1997. The company operates as a franchisor and restaurant operator centered on cooked-to-order, hand-sauced chicken wings, boneless wings, tenders, chicken sandwiches, fries, and housemade dips. Wingstop has expanded into a significant global restaurant network and continues to focus on flavor-driven menu offerings across its system.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
At&t Communications Information 99,999 SF - Lorem Ipsum -
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF - Lorem Ipsum -
SuperCuts Services 99,999 SF - Lorem Ipsum -
Accommodation and Food Services 99,999 SF - Lorem Ipsum -
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Snap Fitness 24/7
Giant Food
Bank of America
Navy Federal Credit Union
PNC Bank
McAlister’s
Shore United Bank
Lidl
StretchLab
Virginia Credit Union

Property Taxes

Property Taxes

Parcel Number
12-24-6
Land Assessment
$1,366,300
Improvements Assessment
$1,474,500
Total Assessment
$2,840,800
  • Listing ID: 41479976

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 5635 Plank Rd, Fredericksburg, VA 22407

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