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5500 Chamblee Dunwoody Road

Asana Partners Acquires Shops Of Dunwoody Retail Property From Hudgens Company For $27.5M
SOLDRetail

Asana Partners Acquires Shops Of Dunwoody Retail Property From Hudgens Company For $27.5M

5500 Chamblee Dunwoody Road

$27,500,000

Building Size

Asset Type

Retail

Closing

Apr 21, 2025

AI

The asset involved in this transaction is a retail property located at 5500 Chamblee Dunwoody Road in Dunwoody, GA. The sale price for the Shops of Dunwoody was $27,500,000. Asana Partners also acquired nearby parcels for an additional $7,500,000. This acquisition contributes to Asana Partners' regional portfolio, which encompasses properties like Krog Street Market and Midtown Promenade.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $27,500,000
  • Buyer: Asana Partners
  • Seller: Hudgens Company
  • Additional Parcel Acquisition: $7,500,000

This transaction was facilitated by Asana Partners, which is known for building a significant regional portfolio through strategic acquisitions. The seller, Hudgens Company, has completed the sale of the property to Asana Partners as part of their portfolio management strategy.

Players

Asana Partners
Asana PartnersBuyer

Atlanta 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

0.58%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93