Kashi Capital Partners Acquires Retail Asset In Whiteville NC From LNR Partners And Starwood Property Trust For $9.3M
316 Columbus Corners Drive
$9,300,000
$99/SF
Building Size
93,290 SF
Asset Type
Retail
Closing
Jul 21, 2025
AI
The property asset involved in this transaction is a retail space located at 316 Columbus Corners Drive, Whiteville, NC. The sale price of the property was $9,300,000, encompassing a total square footage of 93,290, resulting in a price per square foot of $99.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,300,000
- Buyer: Elie Kashi & Ronen Kashi - Kashi Capital Partners
- Seller: LNR Partners & Starwood Property Trust - Barry Sternlicht
- Brokers: David Hoppe & Sam Young - Atlantic Retail
Kashi Capital Partners is focused on acquiring value-add shopping centers throughout the United States. For acquisition criteria, interested parties are encouraged to contact Sam Kashi via email at [email protected].
Players
Whiteville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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