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Columbia Properties Acquires Village At Westfork Retail Center In Lithia Springs For $14.2M

Property Image
SOLD
$14,200,000
Jim Hamilton
Brad Buchanan
+ 1

Georgia

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Retail75,947 SF
Sold
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Property Image
SOLD

Columbia Properties Acquires Village At Westfork Retail Center In Lithia Springs For $14.2M

630 Thornton Road

See Similar Deals
Retail75,947 SF
Sold
Jim Hamilton
Brad Buchanan
+ 1
Contact now

Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$187
Total Square Footage:75947 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 630 Thornton Road in Lithia Springs, GA. Columbia Properties acquired the grocery-anchored center, which has a total square footage of 75,947. The sale was finalized on November 7, 2025, for a transaction amount of $14,200,000, resulting in a price per square foot of $187.

Summary of transaction details:

This transaction showcases the involvement of several key players. Columbia Properties acted as the buyer, while KPR Centers served as the seller. The deal was facilitated by broker representatives from JLL, including Jim Hamilton, Brad Buchanan, Andrew Kahn, and Charlie Merrigan, who played a significant role in the completion of this real estate transaction.

Players

Jim Hamilton
27 deals$1.1B volume
BROKER

Brad Buchanan
JLL
26 deals$808.3M volume
BROKER

Andrew Kahn
JLL
14 deals$452.9M volume
BROKER

Charlie Merrigan
JLL
3 deals$35M volume
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: 11/07/2025 ADDRESS: 630 Thornton Road MARKET: Lithia Springs, GA ASSET TYPE: Retail BUYER: Columbia Properties SELLER: KPR Centers BROKERS: Jim Hamilton, Brad Buchanan, Andrew Kahn & Charlie Merrigan - JLL SALE PRICE: $14,200,000 SF: 75,947 ~ PPSF: $187 NOTE: Columbia Properties bought Village at Westfork in Lithia Springs for $14.2M, acquiring the 75,947-sf grocery-anchored center fully leased with 12 tenants.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$757,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$50,449.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,315.24
Annual Debt Service$807,782.93