10809 Tidewater Trail

For SaleContact for pricing

10809 Tidewater Trail, Fredericksburg, VA 22408

  • Retail
  • Free Standing Bldg

10809 Tidewater Trail, Fredericksburg, VA 22408 - Retail Space

10809 Tidewater Trail is located at 10809 Tidewater Trail in the River Club neighborhood, VA, Fredericksburg, 22408. The Retail building was completed in 2007 and features a total of 6,944 Sqft.

Browse retail listings in nearby cities

Also from Marsteller Realty, Inc.

Details

  • Sale Price Contact for pricing
  • City Fredericksburg
  • Neighborhood River Club
  • Zip Code 22408
  • Property Type Retail - Free Standing Bldg
  • Property Size 6,944 Sqft
  • Lot Size 1.14 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2007

Description

4 years remaining running until March 31, 2022 on an original 15-year corporate NN* lease, with three, five-year options remaining with 5% rental increases in each of the options. 6,944 +/- sf built in 2007 on 1.14 acres of land zoned C-2 commercial located at the NE corner of Tidewater Trail and Benchmark Road. Site is an outparcel to a Weis Markets anchored shopping center, with other retailers including CVS and Creative Childcare. Daily traffic counts of 24,000 VPD on Tidewater Trl (Rt.17 Bus). Located 5 miles east of I-95. $133,805 with percentage rent of 2.5% of gross sales above breakpoint. Features 5% rental increases in each of the options. 2018 store sales reported of $1,424,424.

Asking price of $1,871,399 or 7.15% cap.

River Club Demographics

The average household income in zip code 22408 is $101,107, from a total of 9,710 households. In terms of employment, there are 84.67 % white-collar and 15.33 % blue-collar jobs in zip code 22408.

Population

  • Total Population29,063
  • Male Population(47.2 %) 13,729
  • Female Population(52.8 %) 15,334
  • Median Age35.70

Income/Financial

  • Average Household Income$101,107
  • Median Household Income$86,855
  • Median Income Under 25$63,155
  • Median Income 25-44$83,341
  • Median Income 45-64$108,097
  • Median Income Over 65$58,214

BROWSE OTHER PROPERTIES IN RIVER CLUB

Check out the links below if you're interested in other types of properties for lease or for sale in River Club:

Attachments

Commercial Broker Add listing Broker

Rachel Marsteller

Marsteller Realty, Inc.