Nuveen Real Estate Sells Fayetteville Retail Property For $24.5M
125 Pavilion Parkway, Fayetteville, Georgia 30214, United States
$24,500,000
$113/SF
Building Size
216,251 SF
Asset Type
Retail
Closing
Oct 4, 2022
AI
The retail property located at 125 Pavilion Pkwy in Fayetteville, GA has been sold by Nuveen Real Estate for a total sale price of $24,500,000. The property spans a total area of 216,251 square feet, resulting in a price per square foot of $113.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,500,000
- Address: 125 Pavilion Pkwy, Fayetteville, GA
- Market: Fayetteville, GA
- SF: 216,251
- PPSF: $113
The sale was facilitated by the brokerage team consisting of Michael Brewster, Whitaker Leonhardt, and Jim Hamilton from JLL.
Players
Fayetteville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93