Property Details

Middleburg Bank

Ashburn, VA
Property ID: 2094

    Financial Summary

    Asking Price $7,225,000
    Cap Rate 4.95%
    Net Operating Income (NOI) $357,500
    Lease Type NNN
    Increases Call For Details
    The Offering Memorandum for this property is no longer available.

    Contact

    Andrew Fallon
    Executive Managing Director
    703.787.4733

    Share Property

    Highlights

    • 16+ yrs remain on Absolute NNN ground lease
    • 10% Rent Increase in 10/2017, and every 5 yrs thereafter
    • Prime demographics: $163K Avg HH Income & Population of 77,000 within 3 miles
    • Loudoun County named America's richest county
    • Middleburg Bank has 5 Loudoun County Branches
    • This location has the 5th highest in branch deposits in the 12 Virginia locations
    • As of June 30, 2015 branch deposits in excess of $67M+
    • Anchored by Giant Grocery Store and other national retailers including McDonald’s, AT&T, Subway, Starbucks and Exxon

    Location

    43325 Junction Plaza
    Ashburn, VA

    Traci BidingerMiddleburg Bank