The property is located on Courthouse Road/Route 208 in Spotsylvania County, Virginia near the intersection with Leavells Road. The property benefits from direct frontage and easy accessibility and great visibility at a signalized intersection with over 44,000 vehicles traveling in front of the property daily. Coldwell Banker Commercial Elite, is pleased to offer Hilltop Plaza, a 16,500 SF NNN Leased Multi-Tenant Retail/Office Building, for sale. The property is currently over 81% occupied to a variety of solid national, regional and local tenants with strong leases complimented by 3% & 5% annual rent increases. Tenants include Papa Johns Pizza, Dr. Ahmadiyar DDS, Dr. Caiafa Chiropractic, China House, a Barber Shop, Hilltop Cleaners, Duckys Frozen Yogurt, and a Nail Salon. NOI: $357,420 (Annual) Hilltop Plaza is situated adjacent to a Giant Grocery store with other nearby retailers including PNC Bank, Wells Fargo, McDonalds and Burger King. The property is located on Courthouse Road/Route 208 in Spotsylvania County, Virginia near the intersection with Leavells Road. The property benefits from direct frontage and easy accessibility and great visibility at a signalized intersection with over 44,000 vehicles traveling in front of the property daily. Located in an area that is undergoing and planned for major growth. Over 8,000 housing units have been approved for development in Southeastern Spotsylvania County, of which 1,000units are currently under construction, just completed or near completion. The additional rooftops will provide additional residents increasing the need for services and ultimately boosting business revenue and investment within the surrounding area. The Fredericksburg Region has been and will continue to outpace most localities in the U.S. in population and housing growth (by percentage). Spotsylvania County is projected to be the 2nd fastest growing suburb of Washington D.C. through 2040 which will provide a great basis for business growth and future investment. 16,500 sq. ft. Multi-Tenant Retail building for sale 81% Leased to strong tenants (owner willing to master lease vacancies) Great visibility from Courthouse Rd with 44,000 VPD


Property Type: Retail
Listing ID: LW5D5J
Style: Retail Bldg -General Use
Building Size: 16,000 SF
Lot Size: 1.92 AC
Area Demographics