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
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