Colliers is pleased to present the exclusive opportunity to purchase the former Bank of America building at 1701 Financial Loop in Woodbridge, Virginia. The freestanding building comprises a 5,145-square-foot ground level with six dedicated drive-thru lanes, a drive-up ATM, and a 4,649-square-foot lower-level basement area. Bank of America established a long-term reputation at the location since opening in 2009 and operating through January 2025. 1701 Financial Loop is ready for a new financial or business professional service tenant.
The subject is well-positioned along Financial Loop with outstanding visibility, frontage, and access from Old Bridge Road. The location is part of an exceptional trade area, one mile from Interstate 95 and VA Route 123 and 1.75 miles from the Woodbridge Train Station and US Route 1, the area’s primary commercial corridor. Woodbridge is a bedroom community located 20 miles south of Washington, DC. The property benefits from numerous national tenants and retail centers, drawing significant traffic to the area, and has a substantial residential base.
The Washington, DC market is renowned for its economic resilience, primarily due to its role as the nation's capital and the presence of a highly educated workforce. The region attracts talent from across the country, drawn by a diverse economy, a high-quality life, and a vibrant cultural scene. The region's workforce is large and highly skilled, with about 2.5 million households and 6.6 million residents. Median household income is $130,000, well above the national median of $80,000. Higher incomes have supported robust consumer spending, and Oxford Economics projects that D.C.'s consumer spending will outpace the US average through 2028.
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