Atlantic Union Bank NNN
For Sale
Contact for pricing
840 MCKINNEY BLVD, Colonial Beach, VA 22443
Single-tenant bank facility under a long-term NNN lease with no landlord responsibilities.
Property Size5,918 SF
Price / SF$121.98
Days on Market16
Property Features for 840 MCKINNEY BLVD
General Information
Standard status
Active
Size
5,918 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$45,119
Building Details
Year Built
1983
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
The Boulder Group
(888) 737-2264
Listed By:
Jimmy Goodman · License #IL 471007006
Source:
Crexi
Added: Jul 27
Changed: Aug 10
Last Checked: Aug 11 at 12:33PM
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 NNN property is occupied by Atlantic Union Bank under a lease extending through September 2040. The agreement provides approximately 14 years of remaining primary term, includes 1.50% annual rent escalations, and gives the tenant one 5-year renewal option with 2.00% annual increases. Landlord responsibilities are specified as zero, and the lease carries a corporate guarantee from Atlantic Union Bankshares Corporation. The tenant maintains a KBRA: A- investment grade credit rating.
Built in 1983, the 5,918-square-foot bank building is located at 840 McKinney Boulevard in Colonial Beach, Virginia, along Virginia State Route 205. The property sits within the McKinney Boulevard commercial corridor alongside a Food Lion-anchored center. Colonial Beach is a riverfront community on the Potomac River in Westmoreland County, approximately 40 miles east of Fredericksburg and 65 miles from Washington, D.C.
Built in 1983, the 5,918-square-foot bank building is located at 840 McKinney Boulevard in Colonial Beach, Virginia, along Virginia State Route 205. The property sits within the McKinney Boulevard commercial corridor alongside a Food Lion-anchored center. Colonial Beach is a riverfront community on the Potomac River in Westmoreland County, approximately 40 miles east of Fredericksburg and 65 miles from Washington, D.C.
Key Highlights
- Atlantic Union Bank occupies the 5,918‑square‑foot building
- NNN lease runs through September 2040 with approximately 14 years remaining
- Lease provides 1.50% annual rent escalations during the primary term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 32%
Groceries 27%
Home Improvements & Furnishings 5%
Food Lion Grocery Store
Groceries
13,502 visits/mo
0.1 miles
McDonald's
Dining
11,634 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,398 visits/mo
0.5 miles
Ledo Pizza
Dining
4,172 visits/mo
0.1 miles
Dollar General
Shops & Services
3,592 visits/mo
0.3 miles
Demographics for 22443, VA
9,151
Population
5,561
Households
1.6
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
59.3 sq mi
ZIP Area
154
Density / Sq Mi
$57,366
Median Household Income
$37,584
Median Earnings
$896
Median Rent
$243,200
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?
NNN property - Single-tenant bank facility under a long-term NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 840 MCKINNEY BLVD Colonial Beach, VA.
What is the asking price?
The asking price for this property is $721,903.
What are key features of this property?
This property features: Atlantic Union Bank occupies the 5,918‑square‑foot building; NNN lease runs through September 2040 with approximately 14 years remaining; Lease provides 1.50% annual rent escalations during the primary term
