Middleburg Retail for Sale - Leesburg/West Loudoun

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Atlantic Union Bank located in Middleburg, Virginia. Atlantic Union Bank is currently operating on a long-term NNN lease through September 2040, with approximately 14 years of remaining term. The sub-ject 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 9,186 square-foot building is positioned along US Route 50 (West Washington Street), Middleburg’s historic main street and primary commercial corridor, within the Middleburg National Register Historic District. Located approximately 42 miles west of Washington, D.C. and approximately 15 miles from Washington Dulles International Airport, the property occupies a premier address in Virginia’s nationally recognized Hunt Country. Middleburg is known as the Nation’s Horse and Hunt Capital and serves as the equestrian and social epicenter of the Mid-Atlantic, home to the Salamander Middleburg Resort and Spa - a triple Forbes Five-Star destination on 340 pastoral acres approximately one mile from the subject. Additionally, Foxcroft School, a prestigious all-girls boarding school on a 500-acre campus adjacent to town. The trade area draws high-net-worth visitors annually for the Virginia Gold Cup (50,000-plus spectators), the Upperville Colt and Horse Show (America’s oldest horse show since 1853, 20,000-plus attendees), and the Middleburg Film Festival, an Oscar-circuit event. There are approximately 3,600 residents within a five-mile radius of the property earning an average household income exceeding approximately $197,000. The property is located within Loudoun County - the #1 wealthiest county in the United States by median household income. 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 fiscal year 2025. The bank carries a KBRA: A- investment grade credit rating, affirmed in October 2025 with a Stable outlook.

Property Subtype:

Bank

Date on Market:

2026-08-04

Manassas Retail for Sale - Route 29/I-66 Corridor

• Wawa corporate (1,100+ locations) signed lease • 14 years of initial term remaining with 6 (5-year) option periods to extend • The lease features 10% rental increases every 5 years, steadily growing NOI while providing a hedge against inflation • The Wawa is open 24/7, providing ease and convenience for customers

Property Subtype:

Freestanding

Date on Market:

2026-07-16

Winchester Specialty for Sale - Frederick County

Property Subtype:

Car Wash

Date on Market:

2026-07-14

Winchester Specialty for Sale - Winchester City

Property Subtype:

Car Wash

Date on Market:

2026-07-14

Manassas Retail for Sale - Route 29/I-66 Corridor

Marketing description Popeyes Louisiana Kitchen is a globally recognized quick-service restaurant (QSR) brand renowned for its distinctive Louisiana-style fried chicken, spicy flavor profile and strong consumer appeal. Founded in 1972 in Arabi, Louisiana, Popeyes has evolved into the second-largest quick-service chicken concept worldwide and now operates as part of Restaurant Brands International Inc. (RBI), one of the largest restaurant holding companies globally. With a predominantly franchised model, Popeyes benefits from broad geographic diversification, strong brand resonance, and an accelerated growth trajectory — factors that underscore its attractiveness for retail and net-lease investors seeking creditworthy tenants in the quick-service segment.

Property Subtype:

Fast Food

Date on Market:

2026-07-13

Frederick Retail for Sale

• Brand new 20-year lease with 2 (5-year) options to extend • The lease is backed by a guaranty from The Learning Experience’s largest franchisee • The lease features 10% rental increases every 5 years and at the beginning of each option period

Property Subtype:

Day Care Center

Date on Market:

2026-07-13

Martinsburg Retail for Sale - Berkeley County

We are pleased to present the exclusive opportunity to purchase a Royal Farms ground lease located at 29 Grapevine Road in Martinsburg, West Virginia (“the Property”). The fuel service (gas and high-flow diesel) station and convenience store was constructed in 2021 and has 14+ years remaining on their Absolute NNN Ground Lease with two (2), 10-year renewal options. The lease calls for an attractive 10% rent increase every five years throughout the primary lease term and renewal options. Royal Farms is extremely well located at the signalized intersection of Grapevine Road and Charles Town Road (WV Route 9), the area’s primary commercial and commuter corridor. The Property enjoys outstanding frontage, visibility and access and is 2-miles from Interstate 81 and 1.5-miles from US Route 11 providing efficient connectivity throughout Martinsburg and the surrounding Eastern Panhandle communities. Positioned along WV Route 9, Royal farms is perfectly positioned to capture business from passing commuters heading into and out of Downtown Martinsburg. The Property is close to residential neighborhoods and area schools that provide a captive customer base and enjoys convenient access to the Martinsburg VA Medical Center and several large employers, all of which drive traffic to the immediate area. Martinsburg is a historic and fast-growing city located in the Eastern Panhandle of West Virginia, approximately 80 miles northwest of Washington, D.C. As the county seat of Berkeley County, Martinsburg serves as an important regional hub for commerce, transportation, healthcare, and government services.

Property Subtype:

Convenience

Date on Market:

2026-06-15

Winchester Office for Sale - Winchester City

Introducing a unique investment opportunity in the heart of Historic Downtown Winchester! The iconic Leggetts Building, located on the vibrant Pedestrian Mall, offers three addresses in one with a diverse tenant base across three finished floors of retail and office space. This well-maintained building features access from both Loudoun Street and Indian Alley, providing excellent foot traffic and visibility. Highlights include the Bright Center, once home to Winchester's first escalator, now a charming carpeted staircase in the Bright Box Theater. Other key tenants include Worlds Away Escape Room and Exotic Himalayan Shop, adding to the building's eclectic appeal. Professionally managed and just steps from Boscawen Street, this property is surrounded by historic landmarks, including the Shenandoah Valley Civil War Museum. With a cap rate of approximately 6.17%, this is an incredible opportunity for investors looking to own a piece of Winchester's history while enjoying steady returns. Don't miss out on this prime location - perfect for retail and office space in a thriving downtown area!

Date on Market:

2025-08-06