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1210 Sycamore Square Drive

Updated Jun 24, 2025

VDM Properties II LLC Acquires Office Building In Midlothian For $1.5M From Meyerhoffer Associates LLC
SOLDOffice

VDM Properties II LLC Acquires Office Building In Midlothian For $1.5M From Meyerhoffer Associates LLC

1210 Sycamore Square Drive

$1,500,000

$148/SF

Building Size

10,135 SF

Asset Type

Office

Closing

Jun 16, 2025

About this deal

AI

The property asset involved in the transaction is an office building located at 1210 Sycamore Square Drive in Midlothian, VA. The transaction was completed for a total amount of $1,500,000, covering a space of 10,135 square feet with a price per square foot of $148.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $1,500,000
  • Address: 1210 Sycamore Square Drive
  • Market: Midlothian, VA
  • Square Footage: 10,135
  • Price Per Square Foot: $148
  • Buyer: VDM Properties II, LLC
  • Seller: Meyerhoffer Associates, LLC
  • Brokers: Amy J. Broderick, Kate Robertson Hosko & Gregg Beck - Cushman & Wakefield | Thalhimer

VDM Properties II, LLC acquired the office building from Meyerhoffer Associates, LLC, with the transaction facilitated by the brokerage team from Cushman & Wakefield | Thalhimer. The representatives included Amy J. Broderick, Kate Robertson Hosko, and Gregg Beck.

Players

Amy J. Broderick

Cushman & Wakefield

Broker

$9.1M

vol

4 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Midlothian Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $148 per square foot on a published $1.5M for 10,135 square feet (2025).

Visit Amy J. Broderick to view all their deals.

Browse Midlothian office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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