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Atlanta & Southeast  + Southeast  + Retail  |  October 4, 2020
David Cohen
By: David Cohen

SRS Brokers $2M Sale of Retail Property in West Georgia

SRS Real Estate Partners’ National Net Lease Group has brokered the $2.2 million sale of a single-tenant retail property occupied by McDonald’s in Carrollton, GA.

Located at 1175 Bankhead Highway, the 5,577-square-foot property was built in 2006 and includes a double drive-thru. There are more than 45,500 residents within a five-mile radius of the property. There are six years remaining on the lease.

Sheree Strome and Michael Berk of SRS represented the seller, a Virginia-based private investor who was in a 1031 exchange. The buyer, a private investor from California who was also in a 1031 exchange, was represented by Matthews REIS.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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