Updated Sep 24, 2026
Stream Realty Partners Facilitates $25 Million Sale Of Industrial Property At 10904 Carolina Drive In Manassas
10904 Carolina Drive
$25,000,000
$243/SF
Building Size
102,500 SF
Asset Type
Industrial
Closing
Sep 22, 2026
About this deal
AI
10904 Carolina Drive is a 102,500-square-foot industrial property located in Manassas, VA, with a sale price of $25,000,000. The price per square foot is approximately $244.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $25,000,000
- Address: 10904 Carolina Drive
- Market: Manassas, VA
- Square Feet: 102,500
- Price per Square Foot: $244
Stream Realty Partners facilitated the transaction, with Caulley Deringer, Steve Cloud, and Andrew Hassett managing the sale. The firm has also been retained to handle leasing for the property following the sale.
Players
Manassas 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93