Jeffrey Hooper Revocable Trust Purchases Retail Building In Richmond For $1.15M With Broker Annie O’Connor Brosius
2300 West Main Street
$1,150,000
$232/SF
Building Size
4,951 SF
Asset Type
Retail
Closing
Sep 10, 2026
About this deal
AI
The property asset involved in the transaction is a retail building situated at 2300 West Main Street in Richmond, VA. The sale price of this property was $1,150,000, encompassing a total square footage of 4,951 square feet, resulting in a price per square foot of $232.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,150,000
- Buyer: Jeffrey Hooper Revocable Trust
- Seller: 2300 West Main Street Holdings, LLC
- Broker: Annie O’Connor Brosius - Cushman & Wakefield
- Square Footage: 4,951
- Price per Square Foot: $232
The transaction involved Jeffrey Hooper Revocable Trust acquiring the retail property from 2300 West Main Street Holdings, LLC. This deal was facilitated by broker Annie O’Connor Brosius of Cushman & Wakefield, who represented the interests in the transaction.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93