Chase Bank 9659 Patriot Hwy Local commercial 325 m² À vendre Fredericksburg, VA 22407 3 668 960 € (11 283,53 €/m²) Taux de capitalisation 4,75 %

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new Chase Bank ground lease located at 9659 Patriot Highway in Fredericksburg, Virginia (the “Property”). The newly renovated retail branch consists of a 3,500 square foot building with four drive-thru lanes on a corner parcel. Chase Bank has 14+ years remaining on their ground lease with three (3), five-year renewal options. The Lease call for attractive 10% rent increases every five years throughout the base term and at the start of each renewal option period. Chase Bank is situated on a corner parcel at the signalized intersection of Spotsylvania County Parkway and Monroe Pass Road. The Property features outstanding frontage and visibility in the heart of Cosner’s Corner, a dominant commercial cluster located at the junction of US Routes 1 & 17, Spotsylvania County Parkway, and Interstate 95. Chase Bank is shadow anchored by a new Publix Supermarket and Kohl’s, is seconds from the newer Spotsylvania Regional Medical Center, a 133-bed hospital facility on a 75-acre medical campus, and is across the street Cosner’s Corner Shopping Center, the largest mixed-use development in Spotsylvania County with nearly 1 million square feet in service.