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212 East Cloverleaf Drive

95/58 Emporia Partners And PECK Properties Sell Retail Property In Emporia For $7.55M
SOLDRetail

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

Catharine Spangler

Cushman & Wakefield

Broker

$220M

vol

20 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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