Updated Aug 27, 2026
The Morgan Cos. Acquires Retail Property From Noble Properties In Harrisburg For $4.1M
4305 Nc Highway 49
$4,100,000
$296/SF
Building Size
13,813 SF
Asset Type
Retail
Closing
Jan 22, 2021
About this deal
AI
The retail property located at 4305 Nc Highway 49 in Harrisburg was sold for $4,100,000.00. The asset consists of 13,813 square feet of space, which contributed to its projected value in the market.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,100,000.00
- Address: 4305 Nc Highway 49
- Market: Harrisburg
- Size: 13,813 sq ft
- Buyer: The Morgan Cos.
- Seller: Noble Properties
- Broker: Alejandro Snyder - Current Real Estate Advisors
The transaction saw The Morgan Cos. acquiring the property from Noble Properties, facilitated by the broker Alejandro Snyder, who represented Current Real Estate Advisors in the deal. This exchange marks a significant move within the retail market of Harrisburg.
Players
Harrisburg 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93