Ross Realty Investments Inc. Acquires CTC Plaza Retail Center In North Chesterfield For $11.5M
11304 Midlothian Turnpike
$11,500,000
$182/SF
Building Size
63,000 SF
Asset Type
Retail
Closing
Sep 22, 2026
About this deal
AI
CTC Plaza, located at 11304 Midlothian Turnpike in North Chesterfield, VA, is a retail asset that spans approximately 63,000 square feet. The property was sold for $11.5 million, resulting in a price per square foot of $183.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,500,000
- Address: 11304 Midlothian Turnpike
- Market: North Chesterfield, VA
- Square Footage: 63,000
- Price per Square Foot: $183
- Buyer: Ross Realty Investments Inc.
- Seller: JRE Partners & Anastacia AG
- Broker Representatives: Mark Williford & Mathew Adler - Newmark
This transaction involved the buyer Ross Realty Investments Inc. acquiring the property from JRE Partners & Anastacia AG. Broker representatives Mark Williford and Mathew Adler from Newmark facilitated the deal.
On the Map
$11,500,000
$182/SF
Retail
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Players
North Chesterfield 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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93