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6640 Tara Blvd, Jonesboro, ...

Updated Dec 19, 2023

Stan Johnson Co Represents $9.3M Sale Of Retail Property On Tara Blvd In Jonesboro, GA
SOLDRetail

Stan Johnson Co Represents $9.3M Sale Of Retail Property On Tara Blvd In Jonesboro, GA

6640 Tara Blvd, Jonesboro, Georgia 30236, United States

$9,300,000

$125/SF

Building Size

74,032 SF

Asset Type

Retail

Closing

Jul 21, 2022

About this deal

AI

The retail property located at 6568-6640 Tara Blvd in Jonesboro, GA was recently sold for a total price of $9,300,000. The property spans a total area of 74,032 square feet, resulting in a price per square foot of $126.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $9,300,000
  • Square Footage: 74,032
  • Price per Square Foot: $126
  • Market: Jonesboro, GA

The sale of this retail property was facilitated by Jeff Enck, a representative from Stan Johnson Co.

The retail sale at 6640 Tara Blvd, Jonesboro, Georgia 30236, United States in Jonesboro, Georgia sold for $9.3M in 2022. The building is 74,032 square feet, implying about 125 per square foot on the published price. Jeff Enck, Stan Johnson Company appear on the sale alongside Stan Johnson Company. This page is the Jonesboro, Georgia file for the 6640 Tara Blvd, Jonesboro, Georgia 30236, United States retail sold: pricing, party profiles, and other closed retail comps from the same Jonesboro sit in the Market section below. Filter that Jonesboro retail set by closing date to see what else sold near 6640 Tara Blvd, Jonesboro, Georgia 30236, United States around 2022. Published consideration for 6640 Tara Blvd, Jonesboro, Georgia 30236, United States is $9.3M, dated 2022. Cite this Stan Johnson Co Represents $9.3M Sale Of Retail Property On Tara Blvd In Jonesboro, GA sale when underwriting similar retail product around Jonesboro, Georgia.

Players

Jeff Enck

Matthews

Broker

$39M

vol

6 deals

Broker

Jonesboro Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $125 per square foot on a published $9.3M for 74,032 square feet (2022).

Visit Jeff Enck to view all their deals.

Browse Georgia retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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