Allison Morrison & Robert Morrison Acquire Retail Asset From Williamsburg Pottery Properties For $1.4M
6810 Richmond Road
$1,400,000
$301/SF
Building Size
4,647 SF
Asset Type
Retail
Closing
Jul 31, 2026
AI
The transaction involved a retail property located at 6810 Richmond Road in Williamsburg, VA. The asset, which was previously a restaurant outparcel, spans a total area of 4,647 square feet and was sold for $1,400,000, resulting in a price per square foot of $301.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Buyer: Allison Morrison & Robert Morrison
- Seller: Williamsburg Pottery Properties, LLC
- Brokers: Andy Dallas & Drew Haynie - Cushman & Wakefield
- Sale Date: 07/31/2026
- Square Footage: 4,647
- Price Per Square Foot: $301
Cushman & Wakefield | Thalhimer announced the successful sale, highlighting the involvement of brokers Andy Dallas and Drew Haynie in the transaction. The deal reflects the activity around retail properties in the Williamsburg market.
Players
Williamsburg 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93