Single-Tenant Net Leased Bank
For Sale
Contact for pricing
125 West Main Street, Bedford, VA 24523
Single-tenant NNN bank property with a long-term lease through September 2040 and zero landlord responsibilities.
Property Size2,795 SF
Price / SF$820.72
Days on Market9
Property Features for 125 West Main Street
General Information
Standard status
Active
Size
2,795 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Year Built
1973
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
The Boulder Group
(888) 737-2264
Listed By:
Jimmy Goodman · License #IL 471007006
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 4 at 1:59PM
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.
Single-tenant Atlantic Union Bank net leased facility in Bedford, Virginia. The property is on a long-term NNN lease through September 2040, with approximately 14 years of remaining term. The lease is structured with zero landlord responsibilities. Rent escalations include 1.50% annually throughout the remaining primary term, plus two 5-year renewal options with 2.00% annual rent increases. Atlantic Union Bank’s lease is backed by a corporate guarantee from Atlantic Union Bankshares Corporation (NYSE: AUB), and the credit profile is supported by a KBRA: A- investment grade rating.
The 2,795-square-foot building was built in 1973 and is situated along W. Main Street in downtown Bedford, the primary commercial corridor through the county seat, carrying approximately 16,000 vehicles per day. The property is positioned near the Bedford County Courthouse, local government offices, and civic institutions that drive consistent daytime activity. Centra Bedford Memorial Hospital, a 161-bed regional medical center and one of Bedford County’s largest employers, is located less than one mile away. National retailers including Walmart Supercenter, Dollar Tree, Tractor Supply Company, and Food Lion are accessible about 1.5 miles east along US-460 Business.
Atlantic Union Bank is a full-service regional commercial bank headquartered in Richmond, Virginia, and a wholly owned subsidiary of Atlantic Union Bankshares Corporation (NYSE: AUB).
The 2,795-square-foot building was built in 1973 and is situated along W. Main Street in downtown Bedford, the primary commercial corridor through the county seat, carrying approximately 16,000 vehicles per day. The property is positioned near the Bedford County Courthouse, local government offices, and civic institutions that drive consistent daytime activity. Centra Bedford Memorial Hospital, a 161-bed regional medical center and one of Bedford County’s largest employers, is located less than one mile away. National retailers including Walmart Supercenter, Dollar Tree, Tractor Supply Company, and Food Lion are accessible about 1.5 miles east along US-460 Business.
Atlantic Union Bank is a full-service regional commercial bank headquartered in Richmond, Virginia, and a wholly owned subsidiary of Atlantic Union Bankshares Corporation (NYSE: AUB).
Key Highlights
- Long‑term NNN lease through September 2040 with approximately 14 years remaining
- Zero landlord responsibilities under the lease
- 1.50% annual rent escalations in the primary term plus two 5‑year renewals with 2.00% increases
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 19%
Truist
Shops & Services
4,837 visits/mo
0.1 miles
BP
Shops & Services
4,243 visits/mo
0.2 miles
Dollar General
Shops & Services
2,681 visits/mo
0.4 miles
Domino's Pizza
Dining
2,478 visits/mo
0.1 miles
Fisher Auto Parts
Shops & Services
515 visits/mo
0.2 miles
Demographics for 24523, VA
18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
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 NNN bank property with a long-term lease through September 2040 and zero landlord responsibilities.
Where is this bank located?
The property is located at 125 West Main Street Bedford, VA.
What is the asking price?
The asking price for this property is $2,293,914.
What are key features of this property?
This property features: Long‑term NNN lease through September 2040 with approximately 14 years remaining; Zero landlord responsibilities under the lease; 1.50% annual rent escalations in the primary term plus two 5‑year renewals with 2.00% increases
