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
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.
Players
Kennesaw Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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