Single-Tenant Bank
For Sale
Contact for pricing
Pending
3334 Virginia Beach Blvd, Virginia Beach, VA 23452
Absolute NNN lease structure provides no landlord responsibilities and includes a 10% escalation in lease year six.
Property SizeContact for details
Days on Market144
Property Features for 3334 Virginia Beach Blvd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Kroger, Home Depot
Traffic Count
52,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 2:12PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant bank property is occupied by SunTrust and secured by an absolute triple-net lease. The agreement has more than 9 years remaining in its primary term, expires September 30, 2028, and includes a 10% rental escalation during lease year six. The structure assigns zero landlord responsibilities to ownership.
The property occupies the hard corner of a signalized intersection along Virginia Beach Blvd, which carries 52,000 VPD. Interstate 264 is located just off the site and carries 143,000 VPD. The bank is positioned as an outparcel to Kroger and Home Depot, with Sam’s Club and Harris Teeter across the intersection. Additional corridor retailers include Walmart, Lowe’s, Target, and Lynnhaven Mall.
The property occupies the hard corner of a signalized intersection along Virginia Beach Blvd, which carries 52,000 VPD. Interstate 264 is located just off the site and carries 143,000 VPD. The bank is positioned as an outparcel to Kroger and Home Depot, with Sam’s Club and Harris Teeter across the intersection. Additional corridor retailers include Walmart, Lowe’s, Target, and Lynnhaven Mall.
Key Highlights
- Absolute triple‑net lease with zero landlord responsibilities
- More than 9 years remaining; primary term expires September 30, 2028
- 10% rental escalation in year six of the lease
Property Analytics
Property Profile
Current Use
Lease Details
52,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
436k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Shops & Services 25%
Dining 24%
Groceries 15%
Sam's Club
Superstores
111,157 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
47,560 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
29,139 visits/mo
0.1 miles
Kroger
Groceries
28,676 visits/mo
0.2 miles
Harris Teeter
Groceries
28,556 visits/mo
0.2 miles
Demographics for 23452, VA
59,076
Population
23,455
Households
2.5
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
15.1 sq mi
ZIP Area
3,912
Density / Sq Mi
$77,327
Median Household Income
$44,009
Median Earnings
$1,571
Median Rent
$324,000
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 - Absolute NNN lease structure provides no landlord responsibilities and includes a 10% escalation in lease year six.
Where is this bank located?
The property is located at 3334 Virginia Beach Blvd Virginia Beach, VA.
What are key features of this property?
This property features: Absolute triple‑net lease with zero landlord responsibilities; More than 9 years remaining; primary term expires September 30, 2028; 10% rental escalation in year six of the lease
