Commercial Real Estate in Middleburg available for sale
Middleburg NNN Properties For Sale

NNN Property for Sale in Middleburg, VA, USA

More details for 111 W Washington St, Middleburg, VA - Retail for Sale

Atlantic Union Bank - 111 W Washington St

Middleburg, VA 20117

  • NNN Property
  • Retail for Sale
  • $14,477,516 CAD
  • 9,186 SF

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.

Contact:

The Boulder Group

Property Subtype:

Bank

Date on Market:

2026-08-04

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