SOLDRetail
Stavins & Axelrod Sells Retail Property At 9117 Staples Mill Road Henrico For $10 Million
9117 Staples Mill Road
$10,000,000
Building Size
—
Asset Type
Retail
Closing
Jun 6, 2025
AI
A retail property located at 9117 Staples Mill Road in Henrico, VA, was sold for $10 million. The property encompasses a total area of 70,147 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,000,000
- Seller: Stavins & Axelrod
- Broker Representatives: Annie O’Connor, Catharine Spangler & Richard Thalhimer - Cushman & Wakefield
- Market: Henrico, VA
The transaction was facilitated by a team from Cushman & Wakefield | Thalhimer, which included Catharine Spangler, Richard Thalhimer, and Annie O’Connor, who represented the sellers in the deal.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93