Updated Jan 8, 2026
Matan Acquisitions II LLC Purchases 17253 Center Drive Industrial Property For $8 Million
17253 Center Drive
$8,000,000
$126/SF
Building Size
63,341 SF
Asset Type
Industrial
Closing
Jan 7, 2026
About this deal
AI
17253 Center Drive is an industrial asset located in Ruther Glen, VA, featuring a total area of 63,341 square feet on 44.45 acres. The property was sold for $8,000,000, representing a price per square foot of $126.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Address: 17253 Center Drive
- Market: Ruther Glen, VA
- Square Footage: 63,341
- Price per Square Foot: $126
- Broker: Jamie A. Scully - Cushman & Wakefield
- Buyer: Matan Acquisitions II, LLC
Jamie A. Scully, CCIM, represented the seller in this transaction, facilitating the sale process between the parties involved. Cushman & Wakefield | Thalhimer managed the listing and sale of the property.
Ruther Glen 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93