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The Arc Of Greater Williamsburg Purchases Office Building From NRK Properties For $1.8M In Williamsburg Virginia

Property Image
SOLD
$1,800,000
Dawn F. Griggs
AD
Robert (Bobby) Phillips, Jr

Virginia

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Office10,000 SF
Sold 12/03/2025
the dealplayerscompscontact
Property Image
SOLD

The Arc Of Greater Williamsburg Purchases Office Building From NRK Properties For $1.8M In Williamsburg Virginia

438 Mc Laws Circle

See Similar Deals
Office10,000 SF
Sold 12/03/2025
Dawn F. Griggs
AD
Robert (Bobby) Phillips, Jr
the dealplayerscompscontact
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Summary

VIRGINIA
Asset Type:Office
Price Per Square Foot:$180
Total Square Footage:10,000 SF
Transaction Type:Sale

The office asset at 438 Mc Laws Circle in Williamsburg, VA, is a 10,000 square foot building that has been sold for $1,800,000. The property is now owned by The Arc of Greater Williamsburg, which plans to occupy the space.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,800,000
  • Address: 438 Mc Laws Circle
  • Market: Williamsburg, VA
  • Square Footage: 10,000
  • Price Per Square Foot: $180
  • Buyer: The Arc of Greater Williamsburg
  • Seller: NRK Properties, LLC
  • Broker Representatives: Andy Dallas, Robert Phillips, Jr & Dawn F. Griggs - Cushman & Wakefield

The transaction involved several key individuals in the brokerage, representing both the buyer and the seller. Andy Dallas, Robert Phillips, Jr, and Dawn F. Griggs played crucial roles as representatives for the deal, facilitating the sale between The Arc of Greater Williamsburg and NRK Properties, LLC.

Players

Dawn F. Griggs
Cushman & Wakefield
Dawn F. Griggs
4 deals$10.8M volume
BROKER
AD
Cushman & Wakefield
Andy Dallas
2 deals$7.5M volume
BROKER
Robert (Bobby) Phillips, Jr
Cushman & Wakefield
Robert Phillips, Jr
3 deals$4.5M volume(757) 285-1649
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: 12/03/2025 ADDRESS: 438 Mc Laws Circle MARKET: Williamsburg, VA ASSET TYPE: Office BUYER: The Arc of Greater Williamsburg SELLER: NRK Properties, LLC BROKERS: Andy Dallas, Robert Phillips, Jr & Dawn F. Griggs - Cushman & Wakefield SALE PRICE: $1,800,000 SF: 10,000 ~ PPSF: $180 NOTE: 438 McLaws Circle in Williamsburg, VA, sold for $1.8M to The Arc of Greater Williamsburg, who will occupy the 10,000-sq-ft office building.

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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