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
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.
Players
Jonesboro 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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93