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Former Bank of America | Six-Lane Drive-Thru 1701 Financial Loop 9,794 SF Vacant Retail Building Online Auction Sale Woodbridge, VA 22192
INVESTMENT HIGHLIGHTS
- 1701 Financial Loop is a freestanding, 9,794-square-foot retail building with a 5,145-square-foot ground floor and a 4,649-square-foot basement.
- Former Bank of America, the building was build-to-suit for bank operations with a six-lane drive-thru and drive-up ATM.
- Woodbridge/ I-95 Submarket is an affluent realm home to 209,732 residents with a spending power of more than $2.8B and an AHHI of $132,573.
- Outstanding visibility, frontage, and access from Old Bridge Road (52K VPD), just 1 mile from the heavily-trafficked I-95 and Route 123.
- Ideal for a financial institution with in-place infrastructure accommodating interior and exterior teller administration.
EXECUTIVE SUMMARY
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.
Property tours are available by appointment only. Please contact the broker to schedule.
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.
Property tours are available by appointment only. Please contact the broker to schedule.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Bank
Building Size
9,794 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
1.13 AC
Opportunity Zone
Yes
Parcel Number
8393-51-2460.01
Zoning
OL: LOW-RI - Commercial Office/ Condo
Parking
20 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
194’ on Old Bridge Road
AMENITIES
- 24 Hour Access
- Banking
- Signage
- Accent Lighting
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Space is divisible. Medical use is possible.
Space is divisible. Medical use is possible.
| Space | Size | Space Use | Position | Available |
| Lower Level | 4,649 SF | Office/Retail | - | Now |
| 1st Floor | 5,145 SF | Office/Retail | Outparcel | Now |
Lower Level
| Size |
| 4,649 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 5,145 SF |
| Space Use |
| Office/Retail |
| Position |
| Outparcel |
| Available |
| Now |
Lower Level
| Size | 4,649 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Space is divisible. Medical use is possible.
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 5,145 SF |
| Space Use | Office/Retail |
| Position | Outparcel |
| Available | Now |
Space is divisible. Medical use is possible.
NEARBY MAJOR RETAILERS
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Victoria Quade
Contact
Auctioneer License:
Ten-X Jessica Anne Figueroa RE Brkr 0226033409
1 of 31
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Former Bank of America | Six-Lane Drive-Thru | 1701 Financial Loop
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Presented by
Former Bank of America | Six-Lane Drive-Thru | 1701 Financial Loop
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