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Chick-fil-A Acquires 6.94 Acres Development Site In Yorktown From Lidl US Operations For $2.1M
SOLD
$2,100,000
Virginia
See Similar DealsDevelopment Site
Sold 10/09/2025
SOLD
Chick-fil-A Acquires 6.94 Acres Development Site In Yorktown From Lidl US Operations For $2.1M
5600 George Washington Memorial Highway
See Similar DealsDevelopment Site
Sold 10/09/2025
Summary
VIRGINIA
Asset Type:Development Site
Transaction Type:Sale
A development site consisting of 6.94 acres located at 5600 George Washington Memorial Highway, Yorktown, VA, was sold for $2,100,000. The asset is positioned in a market experiencing significant growth potential.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,100,000
- Address: 5600 George Washington Memorial Highway
- Market: Yorktown, VA
- Seller: Lidl US Operations, LLC
- Brokers: Alex T. Wotring & Dean G. Martin - Cushman & Wakefield
- Acres: 6.94
Chick-fil-A acquired the parcel from Lidl US Operations, with the deal facilitated by brokers Alex Wotring and Dean Martin, who represent Cushman & Wakefield in this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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