Stan Johnson Co Represents $9.3M Sale Of Retail Property On Tara Blvd In Jonesboro, GA
SOLD
$9,300,000
Georgia
See Similar DealsRetail74,032 SF
Sold 07/22/2022
SOLD
Stan Johnson Co Represents $9.3M Sale Of Retail Property On Tara Blvd In Jonesboro, GA
6640 Tara Blvd, Jonesboro, Georgia 30236, United States
See Similar DealsRetail74,032 SF
Sold 07/22/2022
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:74,032 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$496,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,040.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,086.74
Annual Debt Service$529,040.94
Is there something missing? Send suggestions