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14527 Richmond Highway, Woo...

SRS Real Estate Partners Brokers $5.2M Retail Sale In Woodbridge, VA
SOLDRetail

SRS Real Estate Partners Brokers $5.2M Retail Sale In Woodbridge, VA

14527 Richmond Highway, Woodbridge, Virginia 22191, United States

$5,200,000

$113,043/SF

Building Size

46 SF

Asset Type

Retail

Closing

Jan 8, 2023

AI

The retail property located at 14527–14645 Jefferson Davis Highway in Woodbridge, VA has been sold. The transaction was facilitated by Andrew Fallon, Rick Fernandez, and Philip Wellde of SRS Real Estate Partners. The sale price for the property was $5,200,000. The property spans 46,793 square feet, resulting in a price per square foot of $111.

Summary of transaction details

The deal was successfully closed with the assistance of the brokers from SRS Real Estate Partners, namely Andrew Fallon, Rick Fernandez, and Philip Wellde.

Players

Andrew Fallon

SRS Real Estate Partners

Broker

$141.3M

vol

15 deals

Broker

Woodbridge 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