10415 Courthouse Rd
Spotsylvania, VA 22553
Atlantic Union Bank · Retail Property For Sale

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.