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5472 Indian River Rd
Virginia Beach, VA 23464

$2,495,164 USD

Bank For Sale  •  5,493 SF

Property Details

  • Property Type Bank
  • Total Building Size 2,745 SF
  • Lot Size 0.97 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 6.10 %
  • Tenancy Single
  • Zoning O2
30 Transit Score
50 Walk Score

Highlights

Long-Term Lease Through September 2040
Absolute NNN lease
Investment-Grade Tenant (KBRA: A-)
NYSE-Listed Parent Guaranty (NYSE: AUB)
Largest Bank Headquartered in Virginia
Dense and Affluent Trade Area Demographics

Property Flyers

Cap Rate: 6.10 %

Major Tenants

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

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Norfolk (Northeast Regional - Amtrak) 12 min - 6.8 mi
AirportDriveWalkDistance
Norfolk International 15 min - 8.9 mi
Newport News/Williamsburg International 50 min - 34.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
Jimmy Goodman 847-562-8500 The Boulder Group
Jimmy Goodman 847-562-8500 The Boulder Group