Marcus & Millichap Sells Fully Leased Shopping Center In Manassas VA For $10.2M
8805 Centreville Road
$10,200,000
$152/SF
Building Size
67,022 SF
Asset Type
Retail
Closing
Jun 3, 2026
AI
A 67,022-square-foot shopping center located at 8805 Centreville Road in Manassas, VA was sold for $10,200,000. The retail asset, built in 1981, is fully leased and anchored by H Mart.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,200,000
- Square Footage: 67,022 SF
- Price Per Square Foot: $152
- Date of Sale: 06/03/2026
- Brokers: Dean Zang & David Crotts - Institutional Property Advisors
- Buyer: 1031 exchange investor
The transaction was arranged by Marcus & Millichap, facilitating the acquisition of the asset which was purchased across three entities. The buyer had previously acquired nearby outparcels leased to Taco Bell, Burger King, and SunTrust Bank.
Players
Centreville 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
1.56%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93