2811 Fall Hill Ave

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Atlantic Union Bank located in Fredericksburg, 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 8,814 square-foot full-service bank branch, featuring drive-through banking, is positioned along Fall Hill Avenue at its signalized intersection with Route 1 (Emancipation Highway), providing immediate I-95 access and placing the property at the center of one of Fredericksburg’s most active commercial corridors. The surrounding area is undergoing significant mixed-use redevelopment, with more than 600 new residential units and a proposed specialty grocer planned within immediate proximity, reinforcing the corridor’s growth trajectory. The property is situated within close proximity to Mary Washington Hospital - a 412-bed Level II trauma center and the flagship facility of Mary Washington Healthcare, the region’s leading non-profit health system. Fredericksburg is strategically positioned 42 miles south of Washington, D.C. and 53 miles north of Richmond along the I-95 corridor, and the region is further supported by three major military installations contributing an estimated $7 billion in annual regional economic impact. More than 109,000 residents within a five-mile radius earn an average household income of approximately $133,000.