Updated Aug 13, 2026
Triple M Associates, LP Acquires Industrial Building In Glen Allen For $5.25M From OPS Sales Company
10780 Old Washington Highway
$5,250,000
$61/SF
Building Size
85,820 SF
Asset Type
Industrial
Closing
Aug 12, 2026
About this deal
AI
The property asset involved in the transaction is an industrial building located at 10780 Old Washington Highway in Glen Allen, VA. It has a sale price of $5,250,000 and comprises a total of 85,820 square feet, resulting in a price per square foot of $61.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,250,000
- Buyer: Triple M Associates, LP
- Seller: OPS Sales Company
- Broker: Danny Holly - Cushman & Wakefield
Triple M Associates, LP secured the acquisition of the industrial asset from OPS Sales Company, showcasing the representation of Danny Holly from Cushman & Wakefield in this transaction.
On the Map
$5,250,000
$61/SF
Industrial
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Players
Glen Allen Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93