Bank Branch NNN
For Sale
Contact for pricing
1963 South Crater Road, Petersburg, VA 23805
Bank of America branch with an NNN lease renewal extending through May 2030.
Property Size2,200 SF
Days on Market91
Property Features for 1963 South Crater Road
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Site & Location
Traffic Count
14,800 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
(804) 201-2026
Listed By:
Pam Strieffler
(804) 201-2026
Source:
Cbre
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 30 at 3:12PM
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 Pam Strieffler
Investment Insights
Based on property information with market context.
This bank property is occupied by Bank of America under an NNN lease with a renewal extending through May 2030. The location has supported the branch since 2000, providing an established operating history at the site.
Positioned on South Crater Road in Petersburg, the property sits just off I-95 south of Richmond and records more than 14,800 vehicles per day. It is one of two Bank of America locations in Petersburg and is situated within a retail hub that includes McDonald’s, Food Lion, AutoZone, 7-Eleven, Hardee’s, Wendy’s, CVS, and other businesses.
Positioned on South Crater Road in Petersburg, the property sits just off I-95 south of Richmond and records more than 14,800 vehicles per day. It is one of two Bank of America locations in Petersburg and is situated within a retail hub that includes McDonald’s, Food Lion, AutoZone, 7-Eleven, Hardee’s, Wendy’s, CVS, and other businesses.
Key Highlights
- Bank of America occupancy at the site since 2000
- NNN lease renewal extending through May 2030
- More than 14,800 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
14,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 32%
Groceries 28%
Apparel 4%
Food Lion Grocery Store
Groceries
26,324 visits/mo
0.3 miles
McDonald's
Dining
15,581 visits/mo
0.3 miles
Wendy's
Dining
10,002 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,284 visits/mo
0.0 miles
Family Dollar
Shops & Services
6,956 visits/mo
0.2 miles
Demographics for 23805, VA
19,656
Population
9,272
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
90%
High-School Grad
71.5 sq mi
ZIP Area
275
Density / Sq Mi
$65,811
Median Household Income
$40,759
Median Earnings
$1,207
Median Rent
$208,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Bank - Bank of America branch with an NNN lease renewal extending through May 2030.
Where is this bank located?
The property is located at 1963 South Crater Road Petersburg, VA.
What are key features of this property?
This property features: Bank of America occupancy at the site since 2000; NNN lease renewal extending through May 2030; More than 14,800 vehicles per day
