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14511-14517 Jefferson Davis...

SRS National Net Lease Group Sells Woodbridge Retail Property For $5.2M
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

Andrew Fallon

SRS Real Estate Partners

Broker

$141.3M

vol

15 deals

Broker

Richmond 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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93