10415 Courthouse Rd - Bank FOR SALE


Spotsylvania, VA 22553
$1,634,377 USD
847-562-8500
10415 Courthouse Rd, Spotsylvania, VA for Sale
$1,634,377 USD
Bank - FOR SALE
1/2
null | 6.1% Cap Rate

10415 Courthouse Rd
Spotsylvania, VA 22553


OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Atlantic Union Bank located in Spotsylvania, Virginia. Atlantic Union Bank is currently operating on a long-term NNN lease through September 2040, with approximately 14 years of remaining term. The subject lease presents zero landlord responsibilities. Additionally, there are 1.50% annual rent escalations throughout the remaining primary term and two 5-year renewal options with 2.00% annual rent increases. The lease is backed by a corporate guarantee from Atlantic Union Bankshares Corporation (NYSE: AUB), the largest bank headquartered in Virginia. Atlantic Union Bank maintains a KBRA: A- investment grade credit rating. The 6,958 square foot building is positioned along Courthouse Road at its signalized intersection with Leavells Road, a primary retail corridor carrying approximately 42,000 vehicles per day and located less than half a mile from I-95 Exit 126, which accommodates approximately 150,000 vehicles per day on one of the East Coast’s most heavily trafficked interstate segments. The property is situated within the Leavells Square retail node, directly adjacent to a Giant Food grocery anchor and ?anked by national co-tenants including McDonald’s, Burger King, Taco Bell, Starbucks, and Wells Fargo at the adjacent Hilltop Plaza. Cosner’s Corner Power Center - featuring Target, Kohl’s, Marshalls, Ross Dress for Less, and PetSmart - is located within the broader trade area, reinforcing the corridor’s position as Spotsylvania County’s primary commercial destination. There are approximately 115,000 residents within ?ve miles of the property earning an average household income exceeding $127,000. Atlantic Union Bank is a full-service regional commercial bank headquartered in Richmond, Virginia, and a wholly owned subsidiary of Atlantic Union Bankshares Corporation (NYSE: AUB). Following its April 2025 acquisition of Sandy Spring Bancorp, Atlantic Union Bank became the largest bank headquartered in Virginia, operating approximately 190 branches across Virginia, Maryland, and North Carolina with approximately $37.6 billion in total assets and reporting net income of $261.8 million in ?scal year 2025. The bank carries a KBRA: A- investment grade credit rating, affirmed in October 2025 with a Stable outlook.

FOR SALE DETAILS

PRICE

$1,634,377 USD

PRICE/SF

$461 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Atlantic Union Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

R1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.