Bruce Abbott Acquires Retail Property On W. Jackson Blvd. In Jonesborough, TN For $2.27M
805 West Jackson Boulevard
$2,273,500
$842/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Aug 31, 2021
About this deal
AI
The retail property located at 805 W. Jackson Blvd. in Jonesborough, TN has been sold. The transaction took place on 08/31/2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,273,500
- Square Footage: 2,700
- Price per Square Foot: $842
- Market: Jonesborough, TN
The property was purchased by Bruce Abbott from the seller, Janette Darnell. The buyer was represented by Pacific Partners Real Estate Investments & Sands Investment Group brokers.
Attached is an image of the property, captured by Zac Freehling, David Regalado, and Kaveh Ebrahimi.
On the Map
$2,273,500
$842/SF
Retail
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Players
Jonesborough 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
6.98%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93