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

Property Image
SOLD
$8,200,000

Virginia

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Retail45 SF
Sold 05/12/2022
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Property Image
SOLD

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

119 Village Avenue, Yorktown, Virginia 23693, United States

See Similar Deals
Retail45 SF
Sold 05/12/2022
Contact now

Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$182,222
Total Square Footage:45 SF
Transaction Type:Sale

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
2 deals$20.4M volume
BROKER

BUYER

Details

SOLD
IMAGE: Jason Oliver, Rachel Salasky & George Fox DATE: 12/05/2022 ADDRESS: 119 Village Avenue MARKET: Yorktown, VA ASSET TYPE: Retail BUYER: Liberty Investment Partners SELLER: Glazer Properties BROKERS: Jason Oliver, Rachel Salasky & George Fox - Divaris Real Estate SALE PRICE: $8,200,000 SF: 45,255 ~ PPSF: $181

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$29,132.88
Cash-on-Cash Return-1.27%
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