Marcus & Millichap Arranges $5 Million Loan For Douglasville Crossroads Retail Asset In Georgia

The property involved in this transaction is Douglasville Crossroads, a retail asset located at 7003 Concourse Parkway in Douglasville, Georgia. The total square footage of the property is 42,720, and it has been fully leased, indicating a stable occupancy status. The acquisition loan secured for this property amounts to $5,000,000, structured over a term of seven years.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Loan Type: Acquisition
• Loan Terms: 7-year
• Address: 7003 Concourse Parkway
• Market: Douglasville, GA
• Brokers: David Johnson - Marcus & Millichap

David Johnson represented the financing efforts for the deal through Marcus & Millichap Capital Corp., arranging the loan via a national bank. The property is strategically shadow-anchored by Walmart and Sam’s Club, adding to its commercial viability.