Retail Portfolio Sold In Albany, Hinesville, And Clemson For $30,478,338 By Matthews Brokers
108 South Westover Boulevard
$30,478,338
$245/SF
Building Size
124,197 SF
Asset Type
Retail
Closing
Mar 28, 2026
AI
This transaction involves a retail asset with a sale price of $30,478,338, encompassing a total square footage of 124,197. The properties are located at 108 S Westover Blvd, 801 E Gen Stewart Way, and 680 Old Greenville Hwy, situated within the markets of Albany, GA; Hinesville, GA; and Clemson, SC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30,478,338
- Square Footage: 124,197
- Price Per Square Foot: $245
- Address: 108 S Westover Blvd, 801 E Gen Stewart Way & 680 Old Greenville Hwy
- Market: Albany, GA; Hinesville, GA & Clemson, SC
- Brokers: Daniel Gonzalez, Princeton Douglass & Levi Veleanu - Matthews
Key individuals involved in this transaction include brokers Daniel Gonzalez, Princeton Douglass, and Levi Veleanu, representing the transaction through Matthews. Their involvement highlights the professional expertise facilitating this significant sale within the retail market.
Players
Albany 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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93