Wells Fargo - NNN Net Lease Property for Sale
Fredericksburg, VA
Key Investment Metrics
Price
$7,425,000
Cap Rate
5.3%
Net Operating Income
$389,816
Building Size
5703 SF
Lot Size
4,051 SF
Land Area
2.4 Acres
Year Built
2015
Occupancy
100%
Tenancy
Single
Rent Increases
7.5% Every 5 Years in Primary & Options
About This Wells Fargo Net Lease Property
This Wells Fargo NNN (triple net lease) property is located in Fredericksburg, VA and represents an excellent investment opportunity for commercial real estate investors. The property features 5703 square feet of building space and was built in 2015.
With a cap rate of 5.3%, this Wells Fargo net lease property offers stable income potential. The asking price is $7,425,000, making it an attractive option for 1031 exchange investors seeking quality Wells Fargo commercial properties.
Why Invest in Wells Fargo NNN Properties?
- Stable Income: Wells Fargo net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wells Fargo is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fredericksburg, VA Market Overview
Located in Fredericksburg, VA, this Wells Fargo property benefits from strong local demographics and market fundamentals. The Fredericksburg area offers excellent visibility and accessibility, making it an ideal location for Wells Fargo operations and a solid investment for net lease property buyers.