All Upcoming Auctions
Date Location Description Salesman Sale Page
8/12 Cobb Co., GA Shopping Center - Internet Only Auction Gaines Details
8/14 Gilmer Co., GA The Della Mae Bramlett Estate Lou Details
8/18 Dawson Co., GA Family Real Estate Sale - Hwy 400 Gaines Details
         

We have worked with this bank on several occasions and they have asked us to liquidate this shopping center. It is owned by a community bank that has no interest in running and managing a retail shopping center. They need to move it and a buying opportunity has arisen.

This is also our first internet-only auction. We feel like we have a simple process to sell this property. step one is to register for the sale. We will then contact you and get you all the information you need to participate in the auction.

 

This property is extremely well located just off Hwy 41 in Kennesaw, GA - North of Atlanta. The property has quick access to I-75. It is also adjacent to a Publix shopping center. There are many national retailers located within a stone's throw of this center.

As stated, the current owner is not in the retail shopping center business and needs to sell. There are opportunities for this center's numbers to improve. You can download a .pdf copy of the June rent roll by clicking here.

Thursday, August 12th - 12 PM Deadline
Shopping Center off Hwy 41 in Kennesaw, Cobb Co., GA
 
 
     

 
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
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Register for this Auction to Receive the full Information Package
Name
Email
Address
City
State
Zip
Phone
Comments
Would you like a call from the Salesman?
Would you like to make a viewing appointment?
Do you need a plat and brochure mailed to you?

 

 

2750 Jiles Rd - Kennesaw, Cobb Co., GA 30144

Just West of I-75 and just East of Hwy 41

View BANK SALE - internet only in a larger map 

TERMS
We will post a Letter of Intent Form on this site in the next few days.
All Letters of Intent are due by Thursday, August 12th @ 12 PM.
 
The steps for this auction are as follows:
1) Register for the Sale and receive the full bid package
2) Inspect the property.
3) Submit offer prior to 8/12 @ 12 PM
  a) we will have a letter of intent that we recommend submitting
  b) we will have recomended terms with the letter of intent
    i. 10% down
    ii. 15 Day due diligence period with contingencies for inspection, title review & financing
    iii.Down payment goes hard after 15 days
    iv. Balance due 45 days from finalizing formal contract
4) The bank will review offers after 8/12 deadline and will formalize a purchase/sell agreement from the best letter of intent.
   
  Call Gaines Dempsey @ 706-346-4533 if you have any questions.
Thursday, August 12th, 2010
Kennesaw, Cobb Co., GA
Shopping Center and mini-storage facility - joins publix shopping center
Click for full Sale Details
Wednesday, August 18th, 2010 @ 10 AM
Hwy 400 in and around the Outlet Mall - Dawson Co., GA
Family Estate Planning Sale
Industrial, Development, Residential, Commercial Tracts - Motivated Seller - Unbelievable Frontage on Hwy 400
Click for full Sale Details