13986 Metrotech Dr Chantilly, VA 20151

Listing agency Avison Young - Tysons r***@avisonyoung.com Show Phone

Listed by Richard Murphy · License #0225198343

Source Crexi

Added: Apr 24 Updated: Jul 21 at 2:55AM Checked: Jul 21 at 2:55AM

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Investment Insights

Based on property information with market context.

This Atlantic Union Bank branch property is offered for sale in fee simple and features a corporate tenant lease with a lease commencement date of 05/01/2024 and an expiration date of 10/31/2029. The offering also notes minimal landlord responsibilities, structured rent increases, and a substantial deposit base exceeding $325 million.

The property is located at 13986 Metrotech Dr, Chantilly, VA 20151. The roof and structure are described as recently renovated, supporting the ongoing use of the facility under the existing lease schedule.

Key Highlights

• Fee simple bank branch lease commencing 05/01/2024 and expiring 10/31/2029
• Corporate tenant lease with $133,900 Net Operating Income and a 6.0% cap rate
• Structured rent increases and minimal landlord responsibilities noted in the listing

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FAQs

What type of property is this?

Bank - Fee simple bank branch with a lease commencing 05/01/2024 and expiring 10/31/2029.

Where is this bank located?

The property is located at 13986 Metrotech Dr Chantilly, VA.

What are key features of this property?

This property features: Fee simple bank branch lease commencing 05/01/2024 and expiring 10/31/2029; Corporate tenant lease with $133,900 Net Operating Income and a 6.0% cap rate; Structured rent increases and minimal landlord responsibilities noted in the listing