SOLDRetail
SRS National Net Lease Group Sells Woodbridge Retail Property For $5.2M
14511-14517 Jefferson Davis Hwy
$5,200,000
$111/SF
Building Size
46,793 SF
Asset Type
Retail
Closing
Jan 6, 2023
AI
A retail property located at 14511-14517 Jefferson Davis Hwy in Woodbridge, VA has been sold for $5,200,000. The property spans 46,793 square feet and has a price per square foot of $111.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 14511-14517 Jefferson Davis Hwy, Woodbridge, VA
- Market: Woodbridge, VA
- Brokers:Andrew Fallon, Rick Fernandez & Philip Wellde - SRS National Net Lease Group
- SF: 46,793
- PPSF: $111
Andrew Fallon, Rick Fernandez, and Philip Wellde from SRS National Net Lease Group represented the parties involved in this sale transaction.
Players
Richmond 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93