134 W Main St
Orange, VA 22960
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 Orange, 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 Corpora-tion (NYSE: AUB), the largest bank headquartered in Virginia. Atlantic Union Bank maintains a KBRA: A- investment grade credit rating.
The 2,559 square-foot building is positioned along West Main Street in the heart of downtown Orange, which serves as the dual-designated US Route 15 and VA Route 20 corridor and functions as the primary commercial spine of Orange County. Orange serves as the county seat of Orange County, with its courthouse, governmental offices, and civic institutions concentrated along this Main Street corridor. Major employment anchors in the trade area include L3Harris Technologies’ Aerojet Rocketdyne facility - a defense manufacturing operation with over 350 employees that announced a signi?cant plant expansion in 2024 - and Dogwood Village of Orange County, a regional senior care campus with 164 nursing beds and 80 assisted living units. James Madison’s Montpelier, a 2,650-acre National Trust for Historic Preservation site, is located approximately 4 miles from the property and draws tens of thousands of visitors to the Orange area annually. The average household income within ?ve miles of the property exceeds $95,000.
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.