Rocky Mount Realty Purchases Former Restaurant At 100 Walker Street In Lexington For $1.35M
100 Walker Street
$1,350,000
$527/SF
Building Size
2,561 SF
Asset Type
Retail
Closing
Mar 31, 2026
AI
100 Walker Street, located in Lexington, VA, was sold as a retail asset for $1,350,000. The property spans 2,561 sq. ft. and has a price per square foot of $527. It was previously a restaurant before the sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,350,000
- Address: 100 Walker Street
- Market: Lexington, VA
- Square Footage: 2,561
- Price Per Square Foot: $527
- Broker: Wyatt Poats - Cushman & Wakefield
The buyer of the property is Rocky Mount Realty, who has secured a lease with Chipotle Mexican Grill for the site, indicating future commercial use for the asset following the transaction.
Players
Lexington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93