List Search

125 W Main St
Bedford, VA 24523

$2,293,919 USD

Bank For Sale  •  2,756 SF

Property Details

  • Property Type Bank
  • Total Building Size 2,795 SF
  • Lot Size 0.37 AC
  • Building Class C
  • Year Built 1973
  • Cap Rate 6.20 %
  • Tenancy Single
  • Zoning B1
0 Transit Score
40 Walk Score

Highlights

Long-Term Lease Through September 2040 - 1.50% annual escalations in the primary term, increasing to 2.00% annually during the option periods.
Absolute NNN lease – zero landlord responsibilities.
Investment-Grade Tenant (KBRA: A-) - A- rating from KBRA, affirmed Stable in October 2025, providing institutional-quality credit behind the lease.
NYSE-Listed Parent Guaranty (NYSE: AUB) - Corporately guaranteed by Atlantic Union Bankshares Corp., Virginia’s largest headquartered bank with ~$37.6
High-Performing Branch – $111M in Deposits (2025) - Branch deposits sit well above national averages, underscoring the location’s importance.
Largest Bank Headquartered in Virginia - After the April 2025 Sandy Spring Bancorp acquisition, AUB operates ~190 branches across VA, MD, and NC.

Property Flyers

Cap Rate: 6.20 %

Major Tenants

Tenant SF Occupied Lease End Date
Atlantic Union Bank 9/30/2040

Public Transportation

AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 29 min - 19.8 mi
Roanoke/Blacksburg Regional (Woodrum Field) 49 min - 31.4 mi
Jimmy Goodman 847-562-8500 The Boulder Group
Jimmy Goodman 847-562-8500 The Boulder Group