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Hanoverlovestheproperty LLC Acquires Former Tyson Foods Plant In Glen Allen For $5 Million

Property Image
SOLD
$5,000,000
Graham Stoneburner
Danny Holly
Chrissy Chappell

Virginia

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Commercial208,000 SF
Sold 08/15/2025
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Property Image
SOLD

Hanoverlovestheproperty LLC Acquires Former Tyson Foods Plant In Glen Allen For $5 Million

13264 Mountain Road

See Similar Deals
Commercial208,000 SF
Sold 08/15/2025
Graham Stoneburner
Danny Holly
Chrissy Chappell
the dealplayerscompscontact
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Summary

VIRGINIA
Asset Type:Commercial
Price Per Square Foot:$24
Total Square Footage:208,000 SF
Transaction Type:Sale

The transaction involved a commercial property located at 13264 Mountain Road in Glen Allen, VA, encompassing 53 acres. The asset, formerly a Tyson Foods plant, was purchased for $5 million, with a total square footage of 208,000, resulting in a price per square foot of $24.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $5,000,000
  • Address: 13264 Mountain Road
  • Market: Glen Allen, VA
  • Acres: 53
  • Square Footage: 208,000
  • Price Per Square Foot: $24
  • Buyer: Hanoverlovestheproperty LLC
  • Seller: Tyson Farms Inc
  • Broker Representation: Graham Stoneburner, Danny Holly & Chrissy Chappell - Cushman & Wakefield

Cushman & Wakefield represented the seller, Tyson Farms Inc., in this transaction, facilitating the sale of the former plant by connecting the buyer, Hanoverlovestheproperty LLC, with the seller while ensuring all contractual agreements were effectively managed.

Players

Graham Stoneburner
Cushman & Wakefield
Graham Stoneburner
5 deals$38.3M volume
BROKER
Danny Holly
Cushman & Wakefield
Danny Holly
2 deals$22.5M volume(804) 514-1010
BROKER
Chrissy Chappell
Cushman & Wakefield
Chrissy Chappell
3 deals$24.2M volume(804) 648-5881
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: 08/15/2025 ADDRESS: 13264 Mountain Road MARKET: Glen Allen, VA ASSET TYPE: Commercial ~ ACRES: 53 BUYER: Hanoverlovestheproperty LLC SELLER: Tyson Farms Inc BROKERS: Graham Stoneburner, Danny Holly & Chrissy Chappell - Cushman & Wakefield SALE PRICE: $5,000,000 SF: 208,000 ~ PPSF: $24 NOTE: Hanoverlovestheproperty LLC bought the 208,000-square-foot former Tyson Foods plant on 53 acres in Glen Allen, VA, for $5 million. Cushman & Wakefield | Thalhimer represented the seller, Tyson Farms Inc., in the transaction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
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