Marcus & Millichap Sells Pavilion At Southlake Retail Center In Morrow, Georgia For $5.5M
Georgia
See Similar DealsMarcus & Millichap Sells Pavilion At Southlake Retail Center In Morrow, Georgia For $5.5M
1331 1389 Mount Zion Road
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The asset involved in this transaction is a retail property located at 1331-1389 Mount Zion Road in Morrow, GA. The sale price for the property was $5,500,000, encompassing a total square footage of 65,267, resulting in a price per square foot of $84. The property is 92% leased and includes tenants such as Humana and Bank of America.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,500,000
- Address: 1331-1389 Mount Zion Road
- Market: Morrow, GA
- Square Footage: 65,267
- Price per Square Foot: $84
- Buyer's Representative: Eric Abbott & Zachary (Zach) Taylor - Marcus & Millichap
- Seller's Representative: Jeff Enck - Matthews Real Estate Investment Services
The buyer in this transaction was a group of high-net-worth doctors, represented by the Atlanta team from Marcus & Millichap. The deal was facilitated by Matthews Real Estate, which represented the seller. The property is known as the Pavilion at Southlake.
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