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
About this deal
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
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 14527–14645 Jefferson Davis Highway, Woodbridge, VA
- Market: Woodbridge, VA
- Brokers: Andrew Fallon, Rick Fernandez, and Philip Wellde - SRS Real Estate Partners
- Square Footage: 46,793
- Price per Square Foot: $111
The deal was successfully closed with the assistance of the brokers from SRS Real Estate Partners, namely Andrew Fallon, Rick Fernandez, and Philip Wellde.
On the Map
$5,200,000
$113,043/SF
Retail
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Players
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