Property summary
This fee-simple retail property, located at 13700 Midlothian Tpke, Midlothian, VA 23113, offers a compelling investment opportunity. The 3,786 square foot building, constructed in 1988 and situated on a 0.758-acre lot, is currently 100% occupied by a credit-rated Atlantic Union Bank under a Net Net (NN) lease. The lease commenced March 30, 2015, and has a remaining term of 5.4 years, expiring March 31, 2030, with built-in rent bumps. The property boasts a strong Net Operating Income (NOI) of $144,000, resulting in a 6.00% cap rate. The asking price is $2,400,000. The bank enjoys excellent visibility on Midlothian Turnpike, a major thoroughfare, and benefits from a high-income demographic
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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