Marcus & Millichap Sells Stonewall Square Retail Center In Mechanicsville For $3.8 Million
6300 Mechanicsville Turnpike
$3,800,000
$238/SF
Building Size
15,922 SF
Asset Type
Retail
Closing
Jul 1, 2026
AI
A retail asset located at 6300 Mechanicsville Turnpike in Mechanicsville, VA, has completed a sale for $3,800,000. The property, encompassing 15,922 square feet, has a price per square foot of $239. The shopping center, Stonewall Square, is fully leased and hosts tenants such as Firehouse Subs, Benchmark Physical Therapy, and a Thai restaurant.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,800,000
- Address: 6300 Mechanicsville Turnpike
- Market: Mechanicsville, VA
- Square Footage: 15,922
- Price Per Square Foot: $239
- Representatives: Chase Hensen, Dean Zang & David Crotts - Marcus & Millichap
The transaction was facilitated by Marcus & Millichap, with brokers Chase Hensen, Dean Zang, and David Crotts representing the seller in the sale of the fully leased retail property.
Players
Mechanicsville 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93