Stan Johnson Company Brokers Sell Suwanee Retail Property For $5.1M
SOLD
$5,100,000
Georgia
See Similar DealsRetail14,388 SF
Sold 10/26/2021
SOLD
Stan Johnson Company Brokers Sell Suwanee Retail Property For $5.1M
2780 W Village Dr, Suwanee, GA, USA
See Similar DealsRetail14,388 SF
Sold 10/26/2021
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$354
Total Square Footage:14,388 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$271,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22
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