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2780 W Village Dr, Suwanee,...

Stan Johnson Company Brokers Sell Suwanee Retail Property For $5.1M
SOLDRetail

Stan Johnson Company Brokers Sell Suwanee Retail Property For $5.1M

2780 W Village Dr, Suwanee, GA, USA

$5,100,000

$354/SF

Building Size

14,388 SF

Asset Type

Retail

Closing

Oct 26, 2021

AI

Located at 2780 W Village Dr in Suwanee, GA, this retail property was recently sold in a closed transaction. The property spans across 14,388 square feet, with a sale price of $5,100,000, resulting in a price per square foot of $354.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $5,100,000
  • Square Footage: 14,388
  • Address: 2780 W Village Dr, Suwanee, GA

The sale was facilitated by Jeff Enck, Brian Lane, and Emery Shane from the Stan Johnson Company. As representatives of the buyer and seller, they played a crucial role in completing the transaction.

Players

Brian Lane

Stan Johnson Company

Broker

$11M

vol

2 deals

Broker

Suwanee 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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93