Chase Acquisitions LLC Acquires Retail Property In Macon, GA For $26.1M
1625 Bass Road, Macon, Georgia 31210, United States
$26,100,000
$171/SF
Building Size
151,987 SF
Asset Type
Retail
Closing
Jun 28, 2022
AI
The retail property located at 1625 Bass Rd in Macon, GA has been sold in a recent transaction. The property spans a total area of 151,987 square feet and has been acquired by Chase Acquisitions LLC. The sellers of the property were The Sembler Co and Berkeley Development. The sale price for this transaction amounted to $26,100,000, resulting in a price per square foot of $172.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $26,100,000
- Address: 1625 Bass Rd, Macon, GA
- Market: Macon, GA
The deal was facilitated by brokers Kyle Stonis and Pierce Mayson, representing SRS Real Estate Partners. Their involvement played a crucial role in the successful completion of this transaction.
Players
Macon 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93