Bull Realty Brokers $5 Million Retail Center in Douglasville, GA

DOUGLASVILLE, Ga. - Jan. 16, 2018 - PRLog -- Will Young at Bull Realty brokered the sale of "The Boulevard I & II at Arbor Place Mall," two multi-tenant retail buildings totaling 30,300 SF in Douglasville, GA. The sale closed on Jan. 11^th for $5 million ($165/SF).

Built in 2004 and 2007, this retail portfolio was 100% occupied at the time of the sale. The stable mixture of 12 tenants is comprised of a blend between local and national tenants including Metro PCS, Edible Arrangements, State Farm and Get Well Urgent Care.

Will Young with Bull Realty was chosen to market the property exclusively by the Seller, Benchmark Boulevard Properties, Inc. This center sold to Michael and Sherri Basinet.

"The Seller developed and managed this property, so we were pleased to bring him an out-of-state 1031 buyer, who was capable of paying top dollar. The building is in excellent condition and should continue to be a solid investment for the buyer," said Young.

For more information contact Bull Realty at 404-876-1640 or Info@BullRealty.com - Bull Realty, Inc. (www.BullRealty.com) is a commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts America's Commercial Real Estate Show (www.CREshow.com).