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4026 Wards Road

222 Satterfield Landing LLC Purchases Retail Asset In Lynchburg VA For $5.6M Represented By Cushman & Wakefield
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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

Clark Simpson

Cushman & Wakefield

Broker

$87.8M

vol

16 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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