27 Gateway DrFredericksburg, VA 22406

This exceptional 40,617 square foot shopping center in Fredericksburg, VA, presents a compelling investment opportunity. Boasting a 7.5% cap rate and a $10,000,000 asking price, this stabilized property offers a strong return on investment. The center is 100% occupied by seven tenants, including national anchors PetSmart and Anytime Fitness, providing excellent tenant diversity and a weighted average lease term (WALT) of four years. PetSmart and Anytime Fitness have corporate guarantees and recently renewed their leases. The property benefits from a strategically advantageous location, shadow-anchored by a high-performing 125,000 square foot Target, directly off Interstate 95 (Exit 133) and Route 17, experiencing high daily traffic volume. Built in 2007, this single-story building sits on a 3.922-acre lot zoned PDC (Planned Development Commercial), offering ample parking (4.83 spaces per 1,000 sq ft) and multiple access points. The property features a Net Lease (NNN) structure, with rent bumps included. The Net Operating Income (NOI) is $756,938. This prime retail location offers significant upside potential in a thriving market. The property's strong tenant mix, including service retailers, fitness, food & beverage, and medical users, ensures consistent cash flow and long-term stability. The property's location provides maximum exposure and convenient traffic flow. This is a rare opportunity to acquire a high-performing, well-located retail center with a strong tenant base and significant growth potential. The APN is 48742.