New Core Healthcare LLC Acquires Office Building In Henrico For $3.1M From Upton LLC
2402 North Parham Road
$3,100,000
$258/SF
Building Size
12,000 SF
Asset Type
Office
Closing
Jul 21, 2026
AI
The property asset involved in the transaction is an office building located at 2402 North Parham Road in Henrico, VA. The asset was sold for $3.1 million, with a total square footage of 12,000. The price per square foot for this sale is reported at $258.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,100,000
- Buyer: New Core Healthcare LLC
- Seller: Upton LLC
- Broker: Mark E. Douglas - Cushman & Wakefield
The transaction is notable for the involvement of New Core Healthcare LLC as the buyer and Upton LLC as the seller. The broker representing the sale was Mark E. Douglas from Cushman & Wakefield, highlighting the professional real estate services utilized in this deal.
North Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93