1701 Fall Hill Ave, LLC Acquires Fall Hill Office Building In Fredericksburg, VA For $5.29M

The Fall Hill Office Building, located at 1701 Fall Hill Avenue in Fredericksburg, Virginia, has been sold in a recent transaction. The three-story office building, along with two additional parcels, was acquired by 1701 Fall Hill Ave, LLC for a sale price of $5,290,000. The property spans 48,235 square feet with a price per square foot of $110.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $5,290,000
• Address: 1701 Fall Hill Avenue
• Market: Fredericksburg, VA

The sale of the Fall Hill Office Building was facilitated by Catharine Spangler, John Pritzlaff, and Jenny Stoner of Cushman & Wakefield. They acted as the brokers representing the interests of the seller, Quarles Petroleum, Inc. Cushman & Wakefield | Thalhimer's Capital Markets Group played a pivotal role in the transaction.

Note: Cushman & Wakefield | Thalhimer's Capital Markets Group represented Quarles Petroleum, Inc. in the sale of the Fall Hill Office Building in Fredericksburg, Virginia. The three-story office building, along with two additional parcels, was acquired by 1701 Fall Hill Ave, LLC for $5,290,000.