Atlantic Union Bank

For Sale

13700 Midlothian Turnpike, Midlothian, VA 23113

This Midlothian property for sale is located at 13700 Midlothian Turnpike. The current listed sale price for Atlantic Union Bank is $2,400,000.

Contacts

broker

Douglas Aronson

S.L. Nusbaum Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,786 SF
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1988
  • Date Updated Oct 23, 2024
Approximately 0.758 acres of land containing an approximately 3,876 SF building located at 13700 Midlothian Turnpike, Midlothian, VA 23113.SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to Atlantic Union Bank in Midlothian, VA. Atlantic Union recently entered into a new 5-year lease structure with annual rent increases. Deposits at this location grew 14% over the past year and are now at their highest level at more than $117 million. The branch has excellent visibility on Midlothian Turnpike, a major business corridor in one of the most affluent sections of Richmond. Average household income exceeds $172,400 within three miles.

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Highlights

  • Recent lease renewal
  • Highly educated, affluent area. (HHI: $172k
  • within 3 miles)
  • Strong deposits ($117M+)
  • Excellent visibility on Midlothian Tpke (US-60)
  • Hard corner location
  • Big traffic count (41,000 vpd)

Attachments

Getting around

  • 57/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Midlothian, VA
  • Neighborhood Salisbury
  • Zip Code 23113
  • Market Richmond Tidewater

Points of Interest

  • 7-Eleven

    0.19 miles

  • Midlothian Village Shell

    0.34 miles

  • Publix

    0.35 miles

  • Kroger

    0.52 miles

  • Circle K

    0.83 miles

  • Sam's Club Gas

    1.45 miles

  • Exxon

    2.27 miles

  • Amoco

    2.34 miles

  • Sheetz

    2.51 miles

  • Wawa

    2.55 miles

  • Goddard School Parking lot

    0.80 miles

  • P2

    7.37 miles

  • P1

    7.52 miles

  • Faculty Parking Lot

    7.54 miles

  • Pony Pasture

    7.98 miles

  • Taylor Forest Trail

    8.31 miles

  • West Creek Central Parking Deck

    8.59 miles

  • Loop Forest Parking Lot

    9.02 miles

  • JRPS 42nd St Parking

    9.81 miles

  • Dunkin'

    0.05 miles

  • Hunan Wok

    0.07 miles

  • Wendy's

    0.14 miles

  • Two Compadres Taqueria

    0.15 miles

  • Katana Sushi

    0.17 miles

  • Fuji Sushi

    0.22 miles

  • El Cerro Azul

    0.22 miles

  • Moe's Southwest Grill

    0.38 miles

  • Jimmy John's

    0.39 miles

  • Marco's Pizza

    0.40 miles

  • Lidl

    0.25 miles

  • Publix

    0.41 miles

  • Kroger

    0.54 miles

  • Food Lion

    0.70 miles

  • ALDI

    0.78 miles

  • Walmart Supercenter

    1.31 miles

  • Wegmans

    1.64 miles

  • Target

    2.17 miles

  • The Fresh Market

    2.19 miles

  • Burlington

    2.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Douglas Aronson

S.L. Nusbaum Realty