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
About this deal
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.
The retail sale at 6570 Tara Boulevard, Jonesboro, Georgia 30236, United States in Jonesboro, Georgia sold for $9.3M in 2022. 6570 Tara Boulevard, Jonesboro, Georgia 30236, United States is classified as Retail on Traded. Jeff Enck, Stan Johnson Company appear on the sale alongside Stan Johnson Company. This page is the Jonesboro, Georgia file for the 6570 Tara Boulevard, 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 6570 Tara Boulevard, Jonesboro, Georgia 30236, United States around 2022. Published consideration for 6570 Tara Boulevard, Jonesboro, Georgia 30236, United States is $9.3M, dated 2022. Cite this Stan Johnson Company Brokers $9.3M Sale Of Retail Property In Jonesboro, GA sale when underwriting similar retail product around Jonesboro, Georgia.
On the Map
$9,300,000
Retail
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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