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119 Village Avenue, Yorktow...

Liberty Investment Partners Acquires Retail Property On Village Avenue, Yorktown, VA For $8.2M
SOLDRetail

Liberty Investment Partners Acquires Retail Property On Village Avenue, Yorktown, VA For $8.2M

119 Village Avenue, Yorktown, Virginia 23693, United States

$8,200,000

$182,222/SF

Building Size

45 SF

Asset Type

Retail

Closing

May 12, 2022

AI

The retail property located at 119 Village Avenue in Yorktown, VA has been sold for $8,200,000. The property spans across 45,255 square feet and was purchased by Liberty Investment Partners from Glazer Properties. The transaction was facilitated by brokers Jason Oliver, Rachel Salasky, and George Fox from Divaris Real Estate.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $8,200,000
  • Address: 119 Village Avenue, Yorktown, VA
  • Market: Yorktown, VA
  • Buyer: Liberty Investment Partners
  • Seller: Glazer Properties
  • Brokers: Jason Oliver, Rachel Salasky & George Fox - Divaris Real Estate
  • Square Footage: 45,255
  • Price Per Square Foot: $181

This transaction brings together Liberty Investment Partners as the buyer and Glazer Properties as the seller in the sale of this retail asset. The deal was successfully brokered by Jason Oliver, Rachel Salasky, and George Fox from Divaris Real Estate. The sale price of $8,200,000 reflects a price per square foot of $181.

Players

Jason Oliver

Divaris Real Estate

Broker

$20.4M

vol

2 deals

Broker
LP
Liberty Investment PartnersBuyer
GP
Glazer PropertiesSeller

Yorktown Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93