Bank of America (Below-Market Rent)

Offered for sale is a ground lease Bank of America in Colonial Heights, VA. The property consists of a 3,221-square-foot, freestanding building that sits on approximately 1.01 acres of land. There are 3.6 years remaining on the lease with CPI rental increases every six years. As part of the Tri-Cities region, Colonial Heights enjoys access to shared regional infrastructure and economic initiatives, including transportation corridors like Interstate 95 and U.S. Route 1, which support both commuter and freight traffic. The city also leverages its location within the larger Richmond MSA to attract businesses, residents, and investors seeking a blend of small-city accessibility and metropolitan opportunity.