95/58 Emporia Partners And PECK Properties Sell Retail Property In Emporia For $7.55M
212 East Cloverleaf Drive
$7,550,000
$95/SF
Building Size
79,070 SF
Asset Type
Retail
Closing
Nov 3, 2025
AI
The property involved in this transaction is a retail asset located at 212 East Cloverleaf Drive, Emporia, VA. It was sold for $7,550,000, encompassing a total area of 79,070 square feet, resulting in a price per square foot of $95.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,550,000
- Sale Date: 11/03/2025
- Address: 212 East Cloverleaf Drive
- Market: Emporia, VA
- Seller: 95/58 Emporia Partners, LLC & PECK Properties
- Broker: Catharine Spangler - Cushman & Wakefield
Cushman & Wakefield | Thalhimer facilitated the arrangement of the $7.55M sale of the Emporia Marketplace, which is anchored by Food Lion, on behalf of the sellers, 95/58 Emporia Partners and PECK Properties.
Players
Emporia 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
2.10%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93