Columbia Properties Acquires Village At Westfork Retail Center In Lithia Springs For $14.2M
630 Thornton Road
$14,200,000
$187/SF
Building Size
75,947 SF
Asset Type
Retail
Closing
Nov 7, 2025
AI
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:
- Property Type: Retail
- Transaction Amount: $14,200,000
- Address: 630 Thornton Road
- Market: Lithia Springs, GA
- Square Footage: 75,947
- Price Per Square Foot: $187
- Buyer: Columbia Properties
- Seller: KPR Centers
- Broker Representatives: Jim Hamilton, Brad Buchanan, Andrew Kahn & Charlie Merrigan - JLL
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
Lithia Springs 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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93