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8135 George Washington Memo...

Boulevard Crossing LLC Sells Retail Property In Yorktown, VA For $4.6M
SOLDRetail

Boulevard Crossing LLC Sells Retail Property In Yorktown, VA For $4.6M

8135 George Washington Memorial Highway, Yorktown, Virginia 23692, United States

$4,600,000

$365/SF

Building Size

12,600 SF

Asset Type

Retail

Closing

Jul 24, 2022

AI

The retail property located at 8135 George Washington Memorial Hwy in Yorktown, VA has been sold. The property spans 12,600 square feet and was sold for a total price of $4,600,000, resulting in a price per square foot of $365.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,600,000
  • Square Footage: 12,600
  • Price per Square Foot: $365
  • Address: 8135 George Washington Memorial Hwy, Yorktown, VA
  • Market: Yorktown, VA

The seller of the property was Boulevard Crossing LLC. The deal was facilitated by Clark Simpson and Erik Conradi from Cushman & Wakefield.

Players

Clark Simpson

Cushman & Wakefield

Broker

$87.8M

vol

16 deals

Broker

Yorktown 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

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93