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6015 Watson Blvd, Byron, Ge...

Forge Capital Partners And The Sembler Co Acquire Retail Property In Byron, GA For $12M
SOLDRetail

Forge Capital Partners And The Sembler Co Acquire Retail Property In Byron, GA For $12M

6015 Watson Blvd, Byron, Georgia 31008, United States

$12,000,000

$148/SF

Building Size

80,675 SF

Asset Type

Retail

Closing

Aug 16, 2022

AI

Located at 6015 Watson Blvd in Byron, GA, this retail property was recently sold in a transaction. The property spans across 80,675 square feet, and the sale price was $12,000,000. The price per square foot was calculated to be $149.

Summary of transaction details

The buyers of the property were Forge Capital Partners and The Sembler Co, while the sellers were the Garner Group. The deal was facilitated by brokers Brad Buchanan, Jim Hamilton, and Andrew Kahn from JLL.

Players

Jim Hamilton

JLL

Broker

$1B

vol

29 deals

Broker
FP
Forge Capital PartnersBuyer

Byron 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

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93