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2941 Plank Rd
Fredericksburg, VA 22401

$4,157,140 USD

Restaurant For Sale  •  6,100 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,100 SF
  • Lot Size 1.59 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 5.00 %
  • Tenancy Single
  • Zoning PDC
30 Transit Score
70 Walk Score

Highlights

Surrounded by national anchor tenants including Best Buy, Target, Walmart, Lowe’s, Hobby Lobby, PetSmart, Regal Cinemas, DSW, and more.
Immediately off I-95, serving as a key community stop between Washington, DC, and Richmond.
Signalized intersection, dedicated turn lane, and prominent pylon signage.
Positioned in the center of a dense cluster of major retailers, driving consistent consumer draw.
Lake frontage and a large outdoor patio enhancing customer experience and dwell time.
Fredericksburg offers a stable and growing economy with high median incomes and access to both DC and Richmond employment bases.
Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Outback Steakhouse 6,100 SF 12/31/2029

Public Transportation

Commuter RailDriveWalkDistance
2 (Fredericksburg Line - Virginia Railway Express) 9 min - 3.7 mi
2 (Fredericksburg Line - Virginia Railway Express) 16 min - 7.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Cliff Roberts 202-599-8783 Sands Investment Group
Cliff Roberts 202-599-8783 Sands Investment Group