Collett Capital Acquires Retail Property For $8.7M On Dawsonville Highway, Gainesville
SOLD
$8,700,000
Georgia
See Similar DealsRetail49,364 SF
Sold 12/16/2021
SOLD
Collett Capital Acquires Retail Property For $8.7M On Dawsonville Highway, Gainesville
668 Dawsonville Highway, Gainesville, GA 30501
See Similar DealsRetail49,364 SF
Sold 12/16/2021
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$176
Total Square Footage:49,364 SF
Transaction Type:Sale
Collett Capital has acquired a retail property located at 668 Dawsonville Highway in Gainesville, Georgia. The property spans 49,364 square feet and was sold for $8,700,000, resulting in a price per square foot of $176. The transaction took place on December 16, 2021, between Collett Capital and Bridge33 Capital.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,700,000
- Address: 668 Dawsonville Highway, Gainesville, Georgia
- Square Footage: 49,364
- Price Per Square Foot: $176
- Buyer: Collett Capital
- Seller: Bridge33 Capital
- Brokers: Jim Hamilton, Brad Buchanan & Andrew Michols - JLL Capital Markets
The acquisition of the retail property at 668 Dawsonville Highway was facilitated by brokers Jim Hamilton, Brad Buchanan, and Andrew Michols from JLL Capital Markets.
Players
BUYER
SELLER
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)
$463,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26
Is there something missing? Send suggestions