Fisher Auto Parts Acquires Office Property In Staunton VA From Potomac Conference Corporation For $3.25M
606 Greenville Avenue
$3,250,000
Building Size
—
Asset Type
Office
Closing
Sep 22, 2025
About this deal
AI
This transaction involves an office property located at 606 Greenville Avenue in Staunton, VA. The sale was finalized on September 22, 2025, with a total transaction amount of $3,250,000. The asset encompasses 11.33 acres and has a total square footage of 32,049 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,250,000
- Address: 606 Greenville Avenue
- Market: Staunton, VA
- Acres: 11.33
- Buyer: Fisher Auto Parts
- Seller: Potomac Conference Corporation of Seventh Day Adventists
- Broker: Zubin David - KLNB
Zubin David of KLNB represented the seller, Potomac Conference Corporation of Seventh Day Adventists, in this transaction. The transaction was completed under the management of KLNB, reflecting the firm’s continued involvement in commercial property deals.
Players
Staunton 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93