Lee Jenkins & Associates Acquires 15-Acre Retail Property In Roswell, GA For $13M
2300 Holcomb Bridge Road, Roswell, Georgia 30076, United States
$13,000,000
$58,823/SF
Building Size
221 SF
Asset Type
Retail
Closing
Dec 30, 2022
About this deal
AI
The retail property located at 2300 Holcomb Bridge Rd in Roswell, GA has been sold. The property spans across 15 acres and has a total square footage of 221,381. The sale price for this transaction was $13,000,000, resulting in a price per square foot of $59.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $13,000,000
- Address: 2300 Holcomb Bridge Rd, Roswell, GA
- Market: Roswell, GA
- Buyer: Lee Jenkins & Associates
- Broker: Will Young - Bull Realty
- Square Footage: 221,381
- Price per Square Foot: $59
Will Young from Bull Realty represented the buyer, Lee Jenkins & Associates, in this transaction.
Players
Roswell Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93