222 Satterfield Landing LLC Purchases Retail Asset In Lynchburg VA For $5.6M Represented By Cushman & Wakefield
4026 Wards Road
$5,600,000
$181/SF
Building Size
30,800 SF
Asset Type
Retail
Closing
Nov 9, 2025
AI
The asset involved in this transaction is a retail property located at 4026 Wards Road, Lynchburg, VA. The property spans 30,800 square feet and was sold for $5,600,000, translating to a price per square foot of $182.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,600,000
- Buyer: 222 Satterfield Landing LLC
- Seller: LVA Property, LLC
- Sale Date: 11/09/2025
- Market: Lynchburg, VA
- Square Footage: 30,800
- Price Per Square Foot: $182
- Brokers: Clark Simpson, Norman K. Moon & Jr - Cushman & Wakefield
This transaction was part of a 1031 exchange, specifically involving the acquisition of a Sportsman’s Warehouse-leased building. The brokers representing the involved parties played a crucial role in facilitating this deal, ensuring the transaction proceeded smoothly between the different entities.
Players
Lynchburg 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93