Denver, CO – October 31, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 327 S College Ave., Salem, VA 24153.
Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.
“The Seller was looking to trade out of an older product and move into a newer asset. The Buyer was in a 1031 exchange and was comfortable with the tenant and current return.”
– Kevin Calame, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Kevin Calame at 303-263-6260 or Kevin@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 327 S College Ave., Salem, VA 24153
- Sale Price: $2,000,000
- Closed Date: October 25, 2022
- Property Size: 19,941 SF ($100/SF)
- Property Type: Retail
