Wells Fargo (Ground Lease) — Sale in Fredericksburg, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fredericksburg, VA 22406

Photos

Wells Fargo (Ground Lease) — Sale in Fredericksburg, VA, photo 1 of 4
Wells Fargo (Ground Lease) — Sale in Fredericksburg, VA, photo 2 of 4
Wells Fargo (Ground Lease) — Sale in Fredericksburg, VA, photo 3 of 4
Wells Fargo (Ground Lease) — Sale in Fredericksburg, VA, photo 4 of 4

Investment Figures

Cap rate
6.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Offered for sale is a ground lease Wells Fargo located in Fredericksburg, Virginia. The property features a 4,051-square-foot freestanding branch on a 1.33-acre parcel with direct frontage and signalized access along Warrenton Road (US Route 17). The site is an outparcel to the Giant Food-anchored Banks Ford Shopping Center within the Celebrate Virginia North mixed-use development and has operated at this location for 19 years. Nearby retailers include Lowe’s, Aldi, Wawa, CVS, Chick-fil-A, Panda Express, Five Guys, and Chase Bank. Investment Highlights: • Corporate Ground Lease With 5.3 Years Remaining and 10 Percent Rental Increases in Option Periods • Excellent Visibility Along Warrenton Road (US Route 17) – 59,963 VPD • Outparcel to Giant Food-Anchored Retail Center Within Celebrate Virginia North • 19-Year Operating History at This Location • Located Between Washington, D.C. and Richmond • Affluent Trade Area With $146K+ Average Household Income (Three-Mile Radius) • US Route 17 Commercial Corridor Anchored by GEICO, Lowe's, Giant Food, and Regional Employment Drivers • Investment-Grade Tenant (S&P: A-)

Market Context

This retail in Fredericksburg, VA is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Fredericksburg, VA — view the full market.

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