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Adam Greenbaum's AGW Partners Acquires Shoppers World Retail Property In Hampton, GA For $4.15M

Property Image
SOLD
$4,150,000
Zachary (Zach) Taylor
Michael Wesselmann
+ 1

Georgia

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Retail28,028 SF
Sold 11/29/2023
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Property Image
SOLD

Adam Greenbaum's AGW Partners Acquires Shoppers World Retail Property In Hampton, GA For $4.15M

1985 Mcdonough Road

See Similar Deals
Retail28,028 SF
Sold 11/29/2023
Zachary (Zach) Taylor
Michael Wesselmann
+ 1
Contact now

Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$148
Total Square Footage:28,028 SF
Transaction Type:Sale

Hampton, Georgia's Shoppers World has been sold for $4,150,000. The retail property, located at 1985 McDonough Road, boasts a total area of 28,028 square feet. The sale price equates to an average price per square foot of $148. The transaction was facilitated by Marcus & Millichap.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,150,000
  • Address: 1985 McDonough Road, Hampton, GA
  • Market: Hampton, GA
  • Buyer: Adam Greenbaum - AGW Partners
  • Seller: Hamza Haneef
  • Brokers: Eric Abbott, Michael Wesselmann & Zachary (Zach) Taylor - Marcus & Millichap
  • Square Footage: 28,028
  • Price per Square Foot: $148

Marcus & Millichap successfully facilitated the sale of Shoppers World in Hampton, Georgia, for a total of $4,150,000. The deal involved key individuals such as Adam Greenbaum from AGW Partners as the buyer and Hamza Haneef as the seller. Facilitating the transaction were brokers Eric Abbott, Michael Wesselmann, and Zachary (Zach) Taylor from Marcus & Millichap.

Players

Zachary (Zach) Taylor
42 deals$355.9M volume(678) 808-2780
BROKER

Eric Abbott
Marcus & Millichap
30 deals$169.6M volume(678) 808-2746
BROKER

Michael Wesselmann
Marcus & Millichap
1 deal$4.2M volume(678) 808-2801
BROKER

BUYER

2 deals$4.2M volume
SELLER

Details

SOLD
IMAGE: Adam Greenbaum, Eric Abbott, Michael Wesselmann & Zachary (Zach) Taylor DATE: 11/29/2023 ADDRESS: 1985 Mcdonough Road MARKET: Hampton, GA ASSET TYPE: Retail BUYER: Adam Greenbaum - AGW Partners SELLER: Hamza Haneef BROKERS: Eric Abbott, Michael Wesselmann & Zachary (Zach) Taylor - Marcus & Millichap SALE PRICE: $4,150,000 SF: 28,028 ~ PPSF: $148 NOTE: Marcus & Millichap has announced the successful sale of Shoppers World in Hampton, Georgia, for $4,150,000.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$14,744.08
Cash-on-Cash Return-1.27%
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