WDG Real Estate Partners Sells Retail Center In Covington Georgia For $4.1M

A newly built 7,500-square-foot, two-tenant retail center located at 12700 Town Center Drive Northeast in Covington, Georgia, was sold for $4,100,000. The market activity reflects pricing of approximately $547 per square foot in this area, situated about 36 miles east of Atlanta.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,100,000
• Address: 12700 Town Center Drive Northeast
• Market: Covington, GA
• Square Footage: 7,500
• Price Per Square Foot: $547
• Seller: WDG Real Estate Partners
• Broker Representatives: Zachary Taylor, Don McMinn & Eric Abbott - Marcus & Millichap

Marcus & Millichap arranged the transaction, with brokers Zach Taylor, Don McMinn, and Eric Abbott representing seller WDG Real Estate Partners, while Brian Munn sourced the buyer for the retail center.