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Cape Charles, VA NNN Properties for Sale

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Single-Tenant Bank Building
Updated: Aug 5
Single-Tenant Bank Building

22468 LANKFORD HWY, Cape Charles, VA 23310

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3,646 sqft
3,646 square‑foot bank building constructed in 2008
NNN lease runs through September 2040 with approximately 14 years remaining
Zero landlord responsibilities during the primary lease term
1.50% annual rent escalations and three 5‑year renewal options with 2.00% annual increases
Corporate guarantee from Atlantic Union Bankshares Corporation with KBRA: A- rating
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cape Charles, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triple-Net Drug Store with Drive-Thru
Triple-Net Drug Store with Drive-Thru

7912 Halprin Drive, Norfolk, VA 23518

$2,100,000
10,908 sqft 1.06 AC lot

Rite Aid on a signalized corner lot with drive-thru service and multiple ingress/egress points.

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Freestanding Retail Building on NNN Lease
Freestanding Retail Building on NNN Lease

4261 East Little Creek Road, Norfolk, VA 23518

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13,249 sqft 1.16 AC lot

Freestanding 13,249 SF retail building built in 2011 is leased under a 12-year NNN agreement with CVS Pharmacy, Inc.

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Ground-Leased NNN Property
Ground-Leased NNN Property

5102 W Mercury Boulevard, Hampton, VA 23605

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2,500 sqft

Newer automotive service facility with three bays and a customer-facing office and retail area.

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7-Eleven Convenience Store | Absolute NNN
7-Eleven Convenience Store | Absolute NNN

1574 Old Buckroe Rd, Hampton, VA 23664

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2,520 sqft

Corporate tenant occupies the store under an absolute NNN lease extending through 2040.

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Cape Charles, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Cape Charles, VA on our real estate platform. These investment opportunities span a total of 3,646 square feet of properties for sale.

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Demographics Overview

Population 4,934
Population Growth (5Y) +8.5%
Median Household Income $53,482
College Educated 46.7%

Taxes & Financing

Tax Rate (average for all types) 0.76%
Property Tax per SF $37.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Northampton County

New Delisted

Total CRE Inventory on Market (SF)

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