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2100 Aluminum Avenue

Old Colony LLC Purchases Industrial Property At 2100 Aluminum Avenue Hampton For $2.68M
SOLDIndustrial

Old Colony LLC Purchases Industrial Property At 2100 Aluminum Avenue Hampton For $2.68M

2100 Aluminum Avenue

$2,680,000

$134/SF

Building Size

20,000 SF

Asset Type

Industrial

Closing

Jan 7, 2026

AI

The industrial property at 2100 Aluminum Avenue in Hampton, VA, encompasses 20,000 square feet and was sold for $2,680,000. The price per square foot for this asset amounts to $134, indicating the value of the property within the industrial market in the area.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,680,000
  • Address: 2100 Aluminum Avenue
  • Market: Hampton, VA
  • Square Footage: 20,000
  • Price Per Square Foot: $134
  • Brokers: Clay Culbreth & Ellis Colthorpe - Cushman & Wakefield

Cushman & Wakefield | Thalhimer facilitated the transaction, with Clay Culbreth and Ellis Colthorpe handling the sale negotiations on behalf of the seller, overseeing the entire process leading to the successful closure of the deal with Old Colony, LLC.

Players

Ellis Colthorpe

Cushman & Wakefield

Broker

$10.6M

vol

5 deals

Broker

Hampton Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.92%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93