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10243 Patriot Hwy
Fredericksburg, VA 22407

$2,558,991 USD

Fast Food For Sale  •  5,629 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,629 SF
  • Lot Size 1.52 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
40 Walk Score

Highlights

The property features an Absolute Triple Net (NNN) Lease with approximately 18+ years of primary term remaining.
The lease includes 1.5% annual rental increases throughout the initial term and option periods, offering a strong hedge against inflation.
The property is strategically located on an outparcel to Cosner’s Corner, a 1,000,000+ SF regional power center anchored by Publix, Target & Lowe’s.
The site is positioned on Patriot Highway (U.S. Route 1), which boasts high traffic counts of over 55,000+ vehicles per day.
The immediate area features a dense concentration of national and credit tenants, including Walmart Supercenter, Kohl’s, PetSmart, Starbucks.
Located just 48 miles south of Washington, D.C., the area benefits from strong demographics, with a population exceeding 49,000 residents.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 5,629 SF 5/15/2044

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.4 mi
13 min - 5.5 mi
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC