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
Hampton 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
5.92%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93