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    Mt Crawford, VA Weyers Cave, VA Mount Crawford, VA Mount Sidney, VA Fort Defiance, VA Penn Laird, VA Harrisonburg, VA Crimora, VA
    Single-Tenant NNN Bank Property
    Updated: Aug 5
    Single-Tenant NNN Bank Property

    106 SIXTH ST, Grottoes, VA 24441

    Contact for pricing
    2,768 sqft
    2,768‑square‑foot bank building constructed in 1968
    Atlantic Union Bank lease runs through September 2040
    NNN structure with zero landlord responsibilities
    1.50% annual increases; two 5‑year options include 2.00% annual increases
    Corporate guarantee from Atlantic Union Bankshares Corporation; KBRA A- rating
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Grottoes, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bank-Turned Commercial Building
    Bank-Turned Commercial Building

    16186 Beaverdam School Rd, Beaverdam, VA 23015

    $300,000
    2,261 sqft 0.71 AC lot

    Corner-lot commercial building with reinforced concrete construction and an existing bank vault and safe.

    View details
    Reinforced-Concrete Office Building
    Reinforced-Concrete Office Building

    16186 Beaverdam School Road, Beaverdam, VA 23015

    $300,000

    Updated commercial building retains its original vault and safe.

    View details
    Renovated Office Unit
    Renovated Office Unit

    2857 STUARTS DRAFT HWY, Stuarts Draft, VA 24477

    Contact for pricing

    Former banking space with private offices, a teller area, drive-through access, and two restrooms.

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    Renovated Bank Space with Drive-Through
    Renovated Bank Space with Drive-Through

    2857 STUARTS DRAFT HWY #143, 143, Stuarts Draft, VA 24477

    Contact for pricing
    1,800 sqft

    Renovated interior includes offices, teller area, walk-in safe, and two bathrooms.

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    Off-Market Properties in Grottoes, VA

    Consider similar Off-Market properties in Grottoes, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    200 Augusta Ave
    FINANCIAL BUILDING

    200 Augusta Ave, Grottoes, VA 24441-2402

    Estimated value:
    $310,000
    0.33 AC lot
    View details
    106 6th St
    FINANCIAL BUILDING

    106 6th St, Grottoes, VA 24441-1735

    Estimated value:
    $1,750,000
    0.08 AC lot
    View details

    Grottoes, VA Banks Market Trends and Statistics

    Explore 3 banks for sale in Grottoes, VA on our real estate platform. These investment opportunities span a total of 2,768 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Banks 1
    Showrooms 1

    Demographics Overview

    Population 6,376
    Population Growth (5Y) +2.4%
    Median Household Income $80,288
    College Educated 20.6%

    Taxes & Financing

    Tax Rate (average for all types) 0.60%
    Property Tax per SF $16.33 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rockingham County

    New Delisted

    Total CRE Inventory on Market (SF)

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