Updated Oct 5, 2026
FB Ventures LLC Acquires Industrial Property At 11905 Bowman Drive In Fredericksburg For $6M
11905 Bowman Drive
$6,000,000
$141/SF
Building Size
42,490 SF
Asset Type
Industrial
Closing
Oct 1, 2026
About this deal
AI
FB Ventures, LLC acquired an industrial property located at 11905 Bowman Drive in Fredericksburg, VA, for a total of $6 million. The asset spans 42,490 square feet and has a price per square foot of $141.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Address: 11905 Bowman Drive
- Market: Fredericksburg, VA
- SF: 42,490
- PPSF: $141
- Buyer: FB Ventures, LLC
- Seller: Peck Properties
- Broker: Wilson H. Greenlaw - Cushman & Wakefield
Wilson H. Greenlaw represented the seller, Peck Properties, in this transaction. The property, known as Deep Run Building C, was acquired by FB Ventures as an investment opportunity.
On the Map
$6,000,000
$141/SF
Industrial
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Players
Bowman 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93