M Street Holdings And Highline Real Estate Capital Acquire Retail Property In Conyers, GA For $16.95M
SOLD
$16,950,000
Georgia
See Similar DealsRetail118,916 SF
Sold 09/16/2022
SOLD
M Street Holdings And Highline Real Estate Capital Acquire Retail Property In Conyers, GA For $16.95M
2195 GA-20 Conyers, GA 30013, USA
See Similar DealsRetail118,916 SF
Sold 09/16/2022
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$142
Total Square Footage:118,916 SF
Transaction Type:Sale
A retail property located at 2195 GA-20 in Conyers, GA, has been sold in a closed transaction. The property spans a total area of 118,916 square feet, with a sale price of $16,950,000, resulting in a price per square foot of $143.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $16,950,000
- Address: 2195 GA-20, Conyers, GA
- Market: Conyers, GA
The buyer of this retail property is M Street Holdings, represented by David Milgram, along with Highline Real Estate Capital, represented by Andrew Remick and David Moret. The deal was facilitated by brokers Chris DeCoufle, Kevin Hurley, and Matt Karempelis, who are associated with CBRE.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$904,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$60,219.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$80,351.65
Annual Debt Service$964,219.77
Is there something missing? Send suggestions