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
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