Atlantic Union Bank
For Sale
Contact for pricing
10045 KINGS HWY, King George, VA 22485
Single-tenant banking facility under a long-term NNN lease with scheduled rent increases and no landlord responsibilities.
Property Size5,493 SF
Price / SF$373.99
Days on Market9
Property Features for 10045 KINGS HWY
General Information
Standard status
Active
Size
5,493 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$127,368
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1974
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
The Boulder Group
(888) 737-2264
Listed By:
Jimmy Goodman · License #IL 471007006
Source:
Crexi
Added: Jul 27
Changed: Aug 3
Last Checked: Aug 4 at 11:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This 5,493-square-foot bank branch was built in 1974 and operates under a long-term NNN lease extending through September 2040. The lease includes 1.50% annual rent escalations during the primary term, one 5-year renewal option with 2.00% annual increases, and zero landlord responsibilities. Lease obligations are supported by a corporate guarantee from Atlantic Union Bankshares Corporation, while Atlantic Union Bank carries a KBRA: A- investment grade credit rating.
The property is located at 10045 Kings Hwy in King George, Virginia, along Kings Highway (US Route 301), which records approximately 11,200 vehicles per day. It sits within the established retail corridor near Walmart Supercenter, Food Lion, Dollar Tree, T.J. Maxx, and Five Below. The surrounding five-mile area includes approximately 16,800 residents with average household income of approximately $126,000. Naval Surface Warfare Center Dahlgren Division employs more than 10,800 military and civilian personnel in the county.
The property is located at 10045 Kings Hwy in King George, Virginia, along Kings Highway (US Route 301), which records approximately 11,200 vehicles per day. It sits within the established retail corridor near Walmart Supercenter, Food Lion, Dollar Tree, T.J. Maxx, and Five Below. The surrounding five-mile area includes approximately 16,800 residents with average household income of approximately $126,000. Naval Surface Warfare Center Dahlgren Division employs more than 10,800 military and civilian personnel in the county.
Key Highlights
- 5,493‑square‑foot bank branch built in 1974
- NNN lease runs through September 2040
- 1.50% annual rent escalations during the primary term
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,838 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
730 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
457 visits/mo
0.2 miles
Demographics for 22485, VA
26,025
Population
10,318
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
175.8 sq mi
ZIP Area
148
Density / Sq Mi
$110,657
Median Household Income
$55,025
Median Earnings
$1,373
Median Rent
$395,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Single-tenant banking facility under a long-term NNN lease with scheduled rent increases and no landlord responsibilities.
Where is this bank located?
The property is located at 10045 KINGS HWY King George, VA.
What is the asking price?
The asking price for this property is $2,054,327.
What are key features of this property?
This property features: 5,493‑square‑foot bank branch built in 1974; NNN lease runs through September 2040; 1.50% annual rent escalations during the primary term
