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2700 Town Center Drive Kenn...

Updated Oct 29, 2024

Aubuchon Realty Company Acquires Retail Property In Kennesaw & Cumming, GA For $15M
SOLDRetail

Aubuchon Realty Company Acquires Retail Property In Kennesaw & Cumming, GA For $15M

2700 Town Center Drive Kennesaw, Georgia 30144, USA

$15,000,000

Building Size

—

Asset Type

Retail

Closing

May 15, 2023

About this deal

AI

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.

On the Map

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$15,000,000

Retail

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Players

AC
Aubuchon Realty CompanyBuyer

Kennesaw 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

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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