AV8 Management LLC Purchases Industrial Property From HD Supply For $6.7 Million In Glen Allen VA
1100 Technology Park Drive
$6,700,000
$164/SF
Building Size
40,632 SF
Asset Type
Industrial
Closing
Nov 20, 2025
AI
This industrial asset, located at 1100 Technology Park Drive in Glen Allen, VA, comprises 5.85 acres and includes a building with a total square footage of 40,632. AV8 Management LLC acquired the property for $6,700,000, translating to a price per square foot of $165.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,700,000
- Sale Date: 11/20/2025
- Address: 1100 Technology Park Drive
- Market: Glen Allen, VA
- Square Footage: 40,632
- Price Per Square Foot: $165
- Buyer: AV8 Management LLC
- Seller: HD Supply
- Brokers: Mark E. Douglas & Craig Douglas - Cushman & Wakefield
Cushman & Wakefield | Thalhimer facilitated the transaction, representing the buyer, AV8 Management LLC, in the acquisition from HD Supply, Inc.
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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93