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384 Worrell Drive

Community Christian Academy Acquires Office Building In Charlottesville For $4.355M From Virginia Museum Of Animal Art
SOLDOffice

Community Christian Academy Acquires Office Building In Charlottesville For $4.355M From Virginia Museum Of Animal Art

384 Worrell Drive

$4,355,000

$407/SF

Building Size

10,691 SF

Asset Type

Office

Closing

Jun 5, 2026

AI

The property involved in this transaction is located at 384 Worrell Drive in Charlottesville, VA. This office asset spans 10,691 square feet and is situated on 5.48 acres. The sale was completed for a price of $4,355,000, equating to a price per square foot of $407 and a price per acre of $794,708.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,355,000
  • Address: 384 Worrell Drive
  • Market: Charlottesville, VA
  • Square Footage: 10,691 SF
  • Acres: 5.48
  • Price per Square Foot: $407
  • Price per Acre: $794,708
  • Buyer: Community Christian Academy
  • Seller: Virginia Museum of Animal Art
  • Brokers: Jenny Stoner & John Pritzlaff - Cushman & Wakefield
In this deal, Jenny Stoner and John Pritzlaff of Cushman & Wakefield represented the transaction, facilitating the acquisition of the office building from Virginia Museum of Animal Art to Community Christian Academy.

Players

Jenny Stoner

Cushman & Wakefield

Broker

$89.5M

vol

11 deals

Broker
Community Christian Academy
Community Christian AcademyBuyer

Market 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

3.64%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93