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8300 Sudley Road

Cushman & Wakefield Secures $28.7 Million Loan For Manassas Mall In Virginia With Lionheart Capital
FINANCEDRetail

Cushman & Wakefield Secures $28.7 Million Loan For Manassas Mall In Virginia With Lionheart Capital

8300 Sudley Road

$28,700,000

$30/SF

Building Size

941,574 SF

Asset Type

Retail

Closing

Jun 19, 2025

AI

The asset involved in the transaction is a retail center located at 8300 Sudley Road, Manassas, VA, encompassing a total area of 941,574 square feet. The property has been secured through a loan amounting to $28,700,000.

Summary of transaction details:

The transaction involved key representatives from Cushman & Wakefield, including Robert Kaplan, Mark Rutherford, Michael Zelin, Bindi Shah, and Ryan McMahon, facilitating the bridge financing deal for Manassas Mall. Lionheart Capital acted as the borrower in this transaction, with funding provided by Ardent Cos., highlighting the collaborative efforts between various firms involved in the financing process.

Players

Robert Kaplan

Cushman & Wakefield

Broker

$461.9M

vol

6 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
The Ardent Companies
The Ardent CompaniesLender

Manassas Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93