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Peninsula Main VA LLC Sells 8,000-Square-Foot Retail Property In Hampton For $1.125M

Property Image
SOLD
$1,125,000

Virginia

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Retail8,000 SF
Sold 09/05/2023
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Property Image
SOLD

Peninsula Main VA LLC Sells 8,000-Square-Foot Retail Property In Hampton For $1.125M

3150 Allainby Way

See Similar Deals
Retail8,000 SF
Sold 09/05/2023
the dealplayerscompscontact
Contact now

Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:8,000 SF
Transaction Type:Sale

Peninsula Main VA LLC has completed the sale of an 8,000-square-foot retail property located on Allainby Way in Hampton, VA. The property, known as Peninsula Town Center, Building A, was sold for a price of $1.125 million. This sale represents a significant transaction in the retail market of Hampton.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $1,125,000
  • Square Footage: 8,000
  • Price Per Square Foot: $141
  • Address: 3150 Allainby Way, Hampton, VA
  • Market: Hampton, VA

The sale was facilitated by Nathan Shor, a representative from S.L. Nusbaum Realty Co, who acted as the broker for Peninsula Main VA LLC. With his expertise, the transaction was successfully completed, showcasing the effectiveness of Nathan Shor in handling property deals in Hampton, VA.

Players

Nathan Shor
S.L. Nusbaum Realty Co.
Nathan Shor
1 deal$1.1M volume(804) 539-7404
BROKER

Details

SOLD
IMAGE: Nathan Shore DATE: 09/05/2023 ADDRESS: 3150 Allainby Way MARKET: Hampton, VA ASSET TYPE: Retail SELLER: Peninsula Main VA LLC BROKER: Nathan Shor - S.L. Nusbaum Realty Co SALE PRICE: $1,125,000 SF: 8,000 ~ PPSF: $141 NOTE: Peninsula Main VA LLC sold an 8,000-square-foot retail property, known as Peninsula Town Center, Building A, located on Allainby Way in Hampton, for a sale price of $1.125 million.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,996.89
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