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270 Bobby Jones Expressway,...

Updated Dec 19, 2023

Matthews Real Estate Investment Services Sells Retail Property On Bobby Jones Expy In Augusta, GA For $20.5M
SOLDRetail

Matthews Real Estate Investment Services Sells Retail Property On Bobby Jones Expy In Augusta, GA For $20.5M

270 Bobby Jones Expressway, Augusta, Georgia 30907, United States

$20,500,000

Building Size

Asset Type

Retail

Closing

Jun 1, 2022

About this deal

AI

The retail property located at 270 Bobby Jones Expy in Augusta, GA has been sold for a total of $20,500,000. The transaction took place on 06/02/2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $20,500,000
  • Address: 270 Bobby Jones Expy, Augusta, GA
  • Market: Augusta, GA

The sale of the retail property was facilitated by Johnny Blue Craig from Matthews Real Estate Investment Services. He represented the buyer or the seller in this transaction.

The retail sale at 270 Bobby Jones Expressway, Augusta, Georgia 30907, United States in Augusta, Georgia sold for $20.5M in 2022. 270 Bobby Jones Expressway, Augusta, Georgia 30907, United States is classified as Retail on Traded. Johnny Blue Craig, Jr, Matthews appear on the sale alongside Matthews. This page is the Augusta, Georgia file for the 270 Bobby Jones Expressway, Augusta, Georgia 30907, United States retail sold: pricing, party profiles, and other closed retail comps from the same Augusta sit in the Market section below. Filter that Augusta retail set by closing date to see what else sold near 270 Bobby Jones Expressway, Augusta, Georgia 30907, United States around 2022. Published consideration for 270 Bobby Jones Expressway, Augusta, Georgia 30907, United States is $20.5M, dated 2022. Cite this Matthews Real Estate Investment Services Sells Retail Property On Bobby Jones Expy In Augusta, GA For $20.5M sale when underwriting similar retail product around Augusta, Georgia.

Players

Johnny Blue Craig, Jr

Matthews

Broker

$79M

vol

10 deals

Broker

Augusta 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

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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