SOLDRetail
Horvath & Tremblay Facilitate $2.8M Sale Of Madison Heights, VA Starbucks Retail Property
4744 South Amherst Highway
$2,780,835
Building Size
—
Asset Type
Retail
Closing
Nov 22, 2023
AI
A Starbucks property located at 4744 South Amherst Highway in Madison Heights, VA, has been sold for a price of $2,780,835. The property is a retail asset and was sold by Kyle Danielson and Matt Nadler of Horvath & Tremblay.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,780,835
- Address: 4744 South Amherst Highway, Madison Heights, VA
- Market: Madison Heights, VA
Kyle Danielson and Matt Nadler of Horvath & Tremblay facilitated the sale of the Starbucks property in Madison Heights, VA.
Players
Madison Heights Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.70%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93