Highline Real Estate Capital Acquires Salem Gate Market In Conyers For $25.4M
1448 Old Salem Road Southeast
$25,400,000
Building Size
—
Asset Type
Retail
Closing
Dec 18, 2025
AI
Highline Real Estate Capital has acquired a retail asset located at 1448 Old Salem Road Southeast in Conyers, GA, for $25.4 million, adding to its portfolio through Fund 1, which has over $350 million in acquisitions. The property involved in this transaction is Salem Gate Market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $25,400,000
- Buyer: Highline Real Estate Capital
- Sale Date: 12/18/2025
- Market: Conyers, GA
- Seller: Undisclosed
- Broker Representing the Buyer: JLL
The deal was facilitated by JLL, which represented the transaction. Highline Real Estate Capital recently sold a retail center in Conyers for $9 million, indicating its active involvement in the regional market.
Players
Conyers 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
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93