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3214 Skipwith Road

Updated Dec 4, 2024

Girl Scout Commonwealth Council Of Virginia Inc Purchases Mixed-Use Asset In Richmond For $3.6M
SOLDMixed-use

Girl Scout Commonwealth Council Of Virginia Inc Purchases Mixed-Use Asset In Richmond For $3.6M

3214 Skipwith Road

$3,600,000

$195/SF

Building Size

18,375 SF

Asset Type

Mixed-use

Closing

Nov 13, 2024

About this deal

AI

A mixed-use property located at 3214 Skipwith Road in Richmond, VA was sold for $3.6 million. The asset encompasses 18,375 square feet, translating to a price per square foot of $196. The buyer, Girl Scout Commonwealth Council of Virginia Inc., intends to use the space for administrative offices, a storefront, and collaborative meeting areas for local Girl Scouts troops.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,600,000
  • Square Footage: 18,375
  • Price Per Square Foot: $196
  • Address: 3214 Skipwith Road
  • Market: Richmond, VA
  • Buyer: Girl Scout Commonwealth Council of Virginia Inc
  • Broker Representatives: Amy J. Broderick, Kate Robertson Hosko & Will McGoogan - Cushman & Wakefield

The transaction highlights the involvement of three brokers from Cushman & Wakefield who represented the buyer in this deal. They facilitated the purchase for the Girl Scout Commonwealth Council of Virginia Inc., with plans to relocate and expand their operational capabilities within the new space.

Players

Amy J. Broderick

Cushman & Wakefield

Broker

$9.1M

vol

4 deals

Broker

Henrico Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $195 per square foot on a published $3.6M for 18,375 square feet (2024).

Visit Amy J. Broderick to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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