facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Virginia

/

Industrial

/

Sale

/

2701 Saint Julian Avenue

Wilson Pipe & Fabrication Acquires Industrial Asset In Norfolk From Julian Terrace LLC For $2.6M
SOLDIndustrial

Wilson Pipe & Fabrication Acquires Industrial Asset In Norfolk From Julian Terrace LLC For $2.6M

2701 Saint Julian Avenue

$2,600,000

$65/SF

Building Size

39,914 SF

Asset Type

Industrial

Closing

Aug 12, 2026

AI

Wilson Pipe & Fabrication acquired an industrial building located at 2701 Saint Julian Avenue in Norfolk, Virginia. The asset spans 39,914 square feet and was purchased for $2.6 million, translating to a price per square foot of $65.

Summary of transaction details:

Taylor Anderson and Brett Sain from Cushman & Wakefield represented the parties in this transaction, facilitating the deal between Wilson Pipe & Fabrication and Julian Terrace LLC.

Players

Brett Sain

Cushman & Wakefield

Broker

$68.8M

vol

7 deals

Broker
WF
Wilson Pipe & FabricationBuyer

Norfolk 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93