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Highline Real Estate Capital Completes $9M Sale Of Retail Outparcel In Conyers, Georgia

Property Image
SOLD
$9,000,000
Kevin Hurley
 Rachel Smith
+ 1

Georgia

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Retail26,909 SF
Sold 12/18/2025
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Property Image
SOLD

Highline Real Estate Capital Completes $9M Sale Of Retail Outparcel In Conyers, Georgia

Retail26,909 SF
Sold 12/18/2025
Kevin Hurley
 Rachel Smith
+ 1
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$334
Total Square Footage:26,909 SF
Transaction Type:Sale

On December 18, 2025, a retail property located at 2195 GA-20 in Conyers, Georgia was sold. The transaction involved a notable sale price of $9,000,000, covering a total area of 26,909 square feet, translating to a price per square foot of $334. The seller of this asset was Highline Real Estate Capital.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,000,000
  • Address: 2195 GA-20
  • Market: Conyers, GA
  • Square Footage: 26,909
  • Price per Square Foot: $334
  • Seller: Highline Real Estate Capital
  • Brokerage: CBRE
  • Broker Representatives: Matt Karempelis, Rachel Smith, Kevin Hurley & Joe Morrison

Highline Real Estate Capital completed this transaction while retaining approximately 92,000 square feet of the shopping center, thereby executing its business plan and maintaining long-term ownership in the Atlanta-area asset.

Players

Kevin Hurley
5 deals$95.9M volume
BROKER

Matt Karempelis
CBRE
5 deals$95.9M volume
BROKER

 Rachel Smith
CBRE
1 deal$9M volume(615) 497-3883
BROKER

Joe Morrison
CBRE
1 deal$9M volume(404) 308-8742
BROKER

Joe Morrison
CBRE
1 deal$9M volume(404) 308-8742
BROKER

Highline Real Estate Capital
SELLER

Details

SOLD
IMAGE: 12/18/2025 ADDRESS: 2195 GA-20 MARKET: Conyers, GA ASSET TYPE: Retail SELLER: Highline Real Estate Capital BROKERS: Matt Karempelis, Rachel Smith, Kevin Hurley & Joe Morrison - CBRE SALE PRICE: $9,000,000 SF: 26,909 ~ PPSF: $334 NOTE: Highline Real Estate Capital completed a $9 million partial sale at Conyers Commons in Conyers, Georgia, selling a 26,909-square-foot unanchored retail outparcel. The Miami-based firm retained roughly 92,000 square feet of the shopping center, executing on its business plan while maintaining long-term ownership in the Atlanta-area asset.

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

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10