2733 Ayliff LLC Acquires Industrial Building In Norfolk From Gar2 LLC For $1.4M
2733 Ayliff Road
$1,400,000
$112/SF
Building Size
12,480 SF
Asset Type
Industrial
Closing
Jun 4, 2026
AI
2733 Ayliff, LLC acquired an industrial asset at 2733 Ayliff Road in Norfolk, Virginia. The property encompasses 12,480 square feet and was purchased for $1.4 million, representing a price per square foot of $112.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,400,000
- Buyer: 2733 Ayliff, LLC
- Seller: Gar2 LLC
- Broker: Geoffrey Poston - Cushman & Wakefield
Geoffrey Poston from Cushman & Wakefield facilitated the transaction, representing the interests of the buyer, 2733 Ayliff, LLC, in this investment acquisition from Gar2 LLC.
Greene 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93