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Aubuchon Realty Company Acquires Retail Property In Kennesaw & Cumming, GA For $15M
SOLD
$15,000,000
Georgia
See Similar DealsRetail
Sold 05/15/2023
SOLD
Aubuchon Realty Company Acquires Retail Property In Kennesaw & Cumming, GA For $15M
2700 Town Center Drive Kennesaw, Georgia 30144, USA
See Similar DealsRetail
Sold 05/15/2023
Summary
GEORGIA
Asset Type:Retail
Transaction Type:Sale
A retail property located at 2700 Town Center Drive & 3095 Old Atlanta Road in Kennesaw and Cumming, GA has been sold for a transaction amount of $15,000,000. The property features a prime location and is expected to have a high market value.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $15,000,000
Aubuchon Realty Company, Inc, represented by Eamon Moran, has acquired the property. Eamon Moran acted as the buyer's representative in this deal. The transaction showcases the strategic investment approach of Aubuchon Realty Company, Inc.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$799,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83
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