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Former Paradise Diner Sold
Fredericksburg, VA - January, 2010Thalhimer, a Member of the Cushman & Wakefield Alliance, is pleased to announce the sale of the former Paradise Diner at 268 Warrenton Road in Fredericksburg, Virginia.
Battlefield Industrial Park, LLC purchased the approx. 3,480 sq. ft. building from Compass Properties, Inc. for $425,000 as an investment.
Shawn M. Carrington, Berkley M. Mitchell and Jamie A. Scully, CCIM of Thalhimer handled the sale negotiations.
Case Study
Market data gave all indications that luxury townhome community should be able to support additional rental income for the investors through increase occupancy and rental rates.
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