Mount Airy Bank of America branch for sale

The Mount Airy Bank of America branch, which has seen deposits increase by 124 percent since opening a decade ago, is for sale.

The single tenant retail property, at 1 E. Ridgeville Blvd., exceeded $91 million last June, and the investment is triple net ground lease with more than 10 years on the primary term, according to sale adviser Greysteel.

“This Bank of America branch offers a unique opportunity to acquire a best-in-class asset in an affluent community in the Washington, D.C. metro area,” Henry Schuldinger, a Greysteel senior investment associate, said in a news release.