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6300 Mechanicsville Turnpike

Marcus & Millichap Sells Stonewall Square Retail Center In Mechanicsville For $3.8 Million
SOLDRetail

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

Dean Zang

Institutional Property Advisors

Broker

$197.7M

vol

19 deals

Broker

Mechanicsville 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93