Marcus & Millichap Sells Retail Property In Pooler, GA For $2.4M
SOLD
$2,400,000
Georgia
See Similar DealsRetail5,181 SF
Sold 06/23/2022
SOLD
Marcus & Millichap Sells Retail Property In Pooler, GA For $2.4M
2100 Pooler Parkway, Pooler, Georgia 31322, United States
See Similar DealsRetail5,181 SF
Sold 06/23/2022
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$463
Total Square Footage:5,181 SF
Transaction Type:Sale
The retail property located at 2100 Pooler Parkway in Pooler, GA has been sold for a total of $2,400,000. The property spans across 1.5 acres and offers approximately 5,181 square feet of space. The sale price per square foot is $463.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 2100 Pooler Parkway, Pooler, GA
- Market: Pooler, GA
- Acres: 1.5
The sale was facilitated by Don McMinn and Brian Munn of Marcus & Millichap, who acted as the brokers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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