The Bronn Family Acquires Retail Property In Conyers, GA For $2.7M

The retail property located at 929 Iris Drive Southeast in Conyers, GA has been sold. The property spans 6,979 square feet and was sold at a price of $2,665,298, resulting in a price per square foot of $382. The transaction took place on May 16, 2023, with a cap rate of 5.63%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,665,298
• Square Footage: 6,979
• Price per Square Foot: $382
• Cap Rate: 5.63%
• Market: Conyers, GA

The buyer of the property is The Bronn Family. The transaction was facilitated by brokers Stephen R. Preuss Sr and Kevin Schmitz from Ripco, along with Robert Sharfstein.