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4140 Pleasant Road

LEASEDIndustrial

Elite Logistix Signs 7-Year Industrial Lease For 221,000 SF At 4140 Pleasant Road Fort Mill

4140 Pleasant Road

Building Size

221,000 SF

Asset Type

Industrial

Closing

Aug 5, 2026

AI

The property involved in the transaction is an industrial asset located at 4140 Pleasant Road in Fort Mill, South Carolina, totaling 221,000 square feet. The facility is part of a larger 478,400-square-foot industrial complex owned by a partnership between Growth Capital Partners and Highline Real Estate Partners.

Summary of transaction details:

Key individuals involved in the lease transaction include Key Foster, Gardner Lee, and John Hagefstration representing the landlord side, while Matt Matthews represents the tenant, Elite Logistix. Cushman & Wakefield is responsible for representing the tenant, while Avison Young represents the landlord in this leasing deal.

Players

Key Foster

Broker

$37.3M

vol

2 deals

Broker
Key Foster

Key Foster

Highline Real Estate Partners

Landlord

$37.3M

vol

2 deals

Landlord
Matt Matthews

Matt Matthews

Elite Logistix

Tenant

1 deal

Tenant

Fort Mill Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93