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
- Property Type: Retail
- Transaction Amount: $12,000,000
- Market: Byron, GA
- Buyer: Forge Capital Partners & The Sembler Co
- Seller: Garner Group
- Brokers: Brad Buchanan, Jim Hamilton & Andrew Kahn - JLL
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
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