Rural King Realty, LLC Acquires Retail Space In Waynesboro, VA From 2PICW, LLC For $3.3M
901-M West Broadway Street
$3,300,000
$38/SF
Building Size
85,000 SF
Asset Type
Retail
Closing
Oct 13, 2026
About this deal
AI
Rural King Realty, LLC acquired approximately 85,000 square feet of retail space at Willow Oak Plaza Shopping Center, located at 901-M West Broadway Street in Waynesboro, VA. The transaction was completed for $3.3 million, resulting in a price per square foot of $39.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Buyer: Rural King Realty, LLC
- Seller: 2PICW, LLC
- Brokers: John Pritzlaff & Jenny Stoner - Cushman & Wakefield
- Sale Date: 10/13/2026
- Address: 901-M West Broadway Street, Waynesboro, VA
- Square Footage: 85,000
- Price Per Square Foot: $39
John Pritzlaff and Jenny Stoner represented the transaction for Rural King Realty, LLC, facilitating the acquisition from 2PICW, LLC. Their roles were instrumental in finalizing the deal in the Waynesboro retail market.
On the Map
$3,300,000
$38/SF
Retail
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Players
Cameron 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93