SOLDOffice
Pocoshock Prosperity Estates Acquires Office Property In North Chesterfield For $5.7M
2500 Turner Road
$5,700,000
$78/SF
Building Size
73,000 SF
Asset Type
Office
Closing
Jun 12, 2026
About this deal
AI
The office property located at 2500 Turner Road in North Chesterfield, VA was sold for $5.7 million. The asset encompasses a total area of 73,000 square feet, resulting in a price per square foot of $78.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,700,000
- Buyer: Pocoshock Prosperity Estates
- Seller: Advancing Communities Everywhere LLC
- Buyer’s Representative: Robbie Berndt - Commonwealth
- Seller’s Representative: Alease Washington - ICON Commercial
Robbie Berndt represented Pocoshock Prosperity Estates in the transaction, while Alease Washington acted on behalf of Advancing Communities Everywhere LLC as the seller's representative.
Players
Douglasville 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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93