Jeremy Cohen Purchases Industrial Property From Sam Lowrey In Buford For $4.05M
SOLD
$4,050,000
Georgia
See Similar DealsIndustrial13,500 SF
Sold 11/05/2025
SOLD
Jeremy Cohen Purchases Industrial Property From Sam Lowrey In Buford For $4.05M
5800 Lanier Islands Parkway
See Similar DealsIndustrial13,500 SF
Sold 11/05/2025
Summary
GEORGIA
Asset Type:Industrial
Price Per Square Foot:$300
Total Square Footage:13,500 SF
Transaction Type:Sale
This industrial property located at 5800 Lanier Islands Parkway in Buford, GA, was sold for $4,050,000. The asset has a total square footage of 13,500, which translates to a price per square foot of $300.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,050,000
- Square Footage: 13,500
- Price per Square Foot: $300
- Buyer: Jeremy Cohen
- Seller: Sam Lowrey
- Broker: Nick Watson - Matthews
Nick Watson from Matthews represented the transaction, acting on behalf of the seller, Sam Lowrey, in this successful sale. Jeremy Cohen was the buyer who acquired the property, facilitating the transaction in the industrial market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$216,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,388.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,199.07
Annual Debt Service$230,388.79
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