Bank For Sale • 2,756 SF
| 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. |
| Cap Rate: | 6.20 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Atlantic Union Bank | 9/30/2040 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Lynchburg Regional/Preston Glenn Field | 29 min | - | 19.8 mi |
| Roanoke/Blacksburg Regional (Woodrum Field) | 49 min | - | 31.4 mi |