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

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SOLD
$4,600,000

Virginia

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Retail12,600 SF
Sold 07/25/2022
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Property Image
SOLD

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

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

See Similar Deals
Retail12,600 SF
Sold 07/25/2022
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Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$365
Total Square Footage:12,600 SF
Transaction Type:Sale

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
16 deals$87.8M volume
BROKER

Erik Conradi
Cushman & Wakefield
13 deals$73.3M volume
BROKER

Details

SOLD
IMAGE: Clark Simpson & Erik Conradi DATE: 07/25/2022 ADDRESS: 8135 George Washington Memorial Hwy MARKET: Yorktown, VA ASSET TYPE: Retail SELLER: Boulevard Crossing LLC BROKERS: Clark Simpson & Erik Conradi - Cushman & Wakefield SALE PRICE: $4,600,000 SF: 12,600 ~ PPSF: $365

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$16,342.84
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