Bull Realty Brokers $6.86 Million Strip Center “The Walk at Johns Creek”

By: Bull Realty, Inc.
 
 
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DULUTH, Ga. - June 26, 2015 - PRLog -- Bull Realty brokered the sale of The Walk at Johns Creek, a 43,112 sq ft retail strip center located in Duluth, GA. The sale closed on June 10, 2015 for $6.86 million.

The property is part of a larger mixed use development, Johns Creek Walk, which also consists of apartments and a bank. Major tenants include Another Broken Egg, Coldwell Banker, Palomilla’s Grille and Maverick’s Steakhouse.

John Harrison, VP National Retail Group at Bull Realty, represented the buyer, South Carolina-based South Coast Commercial, LLC.

Harrison said, “The Walk at Johns Creek represented a typical core investment for our buyer. It was an off market deal with all of the fundamentals:  a successful tenant mix, a competitive cap rate and strong demographics.  Jill Tanner had also done a great job on the management and lease up of the property.”

The sellers, John’s Walk at John’s Creek, LLC and Bob’s Walk at John’s Creek, LLC, were represented by Jill Tanner of Tanner Real Estate.

Bull Realty, Inc.is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services. Info@BullRealty.com 404-876-1640
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Source:Bull Realty, Inc.
Email:***@bullrealty.com Email Verified
Tags:Commercial Real Estate, Retail, Shopping Center, Atlanta, Duluth
Industry:Real Estate
Location:Duluth - Georgia - United States
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