facebook

traded

+ Submit
Home

/

Deals

/

Georgia

/

Mixed Use

/

Sale

/

4570 River Green Parkway, D...

B Group Co. Capital Management Sells Mixed Use Property In Duluth, GA For $45M
SOLDMixed-use

B Group Co. Capital Management Sells Mixed Use Property In Duluth, GA For $45M

4570 River Green Parkway, Duluth, Georgia 30096, United States

$45,000,000

$115/SF

Building Size

388,213 SF

Asset Type

Mixed-use

Closing

Jul 17, 2022

AI

The mixed-use property located at 4400-4570 River Green Pkwy in Duluth, GA was recently sold in a transaction. The property spans a total area of 388,213 square feet and was sold for a price of $45,000,000, resulting in a price per square foot of $116.

Summary of Transaction Details

  • Property Type: Mixed use
  • Transaction Amount: $45,000,000
  • Address: 4400-4570 River Green Pkwy, Duluth, GA
  • Square Footage: 388,213
  • Seller: B Group Co. Capital Management - Sebastian Barbagallo
  • Broker: Casey Keitchen - Avison Young

The seller of the property was B Group Co. Capital Management, represented by Sebastian Barbagallo. The brokerage services for the transaction were provided by Casey Keitchen from Avison Young.

Players

Casey Keitchen

Newmark

Broker

$88.1M

vol

3 deals

Broker
Avison Young
Avison YoungBrokerage
Sebastian Barbagallo

Sebastian Barbagallo

B Group Capital Management

Seller

$131.2M

vol

5 deals

Seller

Duluth Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93