Updated Aug 27, 2026
The Morgan Cos. Acquires Retail Asset 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 property involved in this transaction is a retail asset located at 4305 Nc Highway 49 in the Harrisburg market. The sale was completed on January 22, 2021, for a total price of $4,100,000.00, encompassing a square footage of 13,813.0.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,100,000.00
- Address: 4305 Nc Highway 49
- Market: Harrisburg
- Square Footage: 13,813.0
- Buyer: The Morgan Cos.
- Seller: Noble Properties
- Broker: Alejandro Snyder - Current Real Estate Advisors
This transaction involved key individuals and companies, including the buyer, The Morgan Cos., and the seller, Noble Properties. Alejandro Snyder of Current Real Estate Advisors represented the buyer in this transaction.
On the Map
$4,100,000
$296/SF
Retail
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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