Dodge Real Estate Corp Facilitates $9.2M Portfolio Sale Of Three 7-Eleven C-Stores
$9,198,379
$1,092/SF
Building Size
8,421 SF
Asset Type
Retail
Closing
Nov 13, 2025
AI
The transaction involved a portfolio sale of three 7-Eleven convenience stores located in Virginia and Florida. The total sale price amounted to $9,198,379, with a total square footage of 8,421, resulting in a price per square foot of $1,092. The properties were sourced off-market, showcasing a strategic approach to the acquisition.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,198,379
- Total Square Footage: 8,421 SF
- Price Per Square Foot: $1,092
- Date of Transaction: 11/14/2025
- Market: Richmond, Apopka & Orlando
- Brokers: Johnny Dodge, Dusty Dodge & Gunnar Hughes - Dodge Real Estate Corp
Dodge Real Estate Corp played a crucial role in the transaction by exclusively representing both the buyer and the seller, ensuring a smooth transfer of ownership in this retail property deal. The involvement of multiple brokers from the same agency highlights the collaborative effort in facilitating this closed transaction.
Players
Henrico 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93