SOLDRetail
Stan Johnson Company Brokers $9.3M Sale Of Retail Property In Jonesboro, GA
6570 Tara Boulevard, Jonesboro, Georgia 30236, United States
$9,300,000
Building Size
—
Asset Type
Retail
Closing
Aug 15, 2022
AI
The retail property located at 6570 Tara Blvd in Jonesboro, GA has been sold for a total price of $9,300,000. The transaction was completed on 08/16/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,300,000
The sale of this retail property was facilitated by Jeff Enck from the Stan Johnson Company. Jeff Enck represented the buyer or seller in this deal.
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