Atlantic Union Bank 125 W Main St 2,795 SF Retail Building Bedford, VA 24523 $2,293,919 ($820.72/SF) 6.20% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Atlantic Union Bank located in Bedford, 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 2,795 square-foot building is situated along W. Main Street in downtown Bedford - the primary commercial corridor through the county seat - which carries approximately 16,000 vehicles per day. The property is positioned within close proximity to the Bedford County Courthouse, local government offices, and civic institutions that anchor consistent daytime traffic to the downtown area. Centra Bedford Memorial Hospital, a 161-bed regional medical center and one of Bedford County’s largest employers, is located less than one mile from the subject property, providing a steady base of healthcare-related economic activity. National retailers including a Walmart Supercenter, Dollar Tree, Tractor Supply Company, and Food Lion are accessible approximately 1.5 miles east along US-460 Business, supporting a well-developed commercial trade area. The National D-Day Memorial - a nationally recognized landmark drawing more than 55,000 visitors annually - anchors downtown Bedford as a civic and cultural destination. Approximately 13,000 residents live within a ?ve-mile radius of the property, earning average household incomes of approximately$81,000, with an additional affluent residential draw from Smith Mountain Lake approximately 17 miles to the south.
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.