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Brick O. Real Estate Acquires Industrial Property In Rock Hill, SC For $5.6M

Property Image
SOLD
$5,600,000
Anne Johnson
Patrick Gildea
+ 2

South Carolina

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Industrial24,727 SF
Sold 07/21/2022
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Property Image
SOLD

Brick O. Real Estate Acquires Industrial Property In Rock Hill, SC For $5.6M

3042 Southcross Boulevard, Rock Hill, South Carolina 29730, United States

See Similar Deals
Industrial24,727 SF
Sold 07/21/2022
Anne Johnson
Patrick Gildea
+ 2
Contact now

Summary

SOUTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$226
Total Square Footage:24,727 SF
Transaction Type:Sale

The industrial property located at 3042 Southcross Blvd in Rock Hill, SC has been sold in a closed transaction. The sale was facilitated by brokers Matt Smith, Grayson Hawkins, Anne Johnson, Patrick Gildea, and Bryan Crutcher from CBRE. The property spans 24,727 square feet and was sold for a total price of $5,600,000, resulting in a price per square foot of $226.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,600,000
  • Address: 3042 Southcross Blvd, Rock Hill, SC
  • Market: Rock Hill, SC
  • Buyer: Brick O. Real Estate
  • Seller: CIP Real Estate
  • Brokers: Matt Smith, Grayson Hawkins, Anne Johnson, Patrick Gildea, and Bryan Crutcher - CBRE

The successful sale of this industrial property reflects the effectiveness of the collaboration between the buyer, Brick O. Real Estate, and the seller, CIP Real Estate. The involvement of brokers Matt Smith, Grayson Hawkins, Anne Johnson, Patrick Gildea, and Bryan Crutcher from CBRE further facilitated the transaction, ensuring a smooth and efficient process for all parties involved.

Players

Patrick Gildea
17 deals$479.1M volume
BROKER

Matt Smith
CBRE
16 deals$445.8M volume
BROKER

Grayson Hawkins
CBRE
10 deals$239.4M volume
BROKER

Bryan Crutcher
CBRE
3 deals$49.4M volume
BROKER

Anne Johnson
CBRE
3 deals$49.4M volume
BROKER

RW Real Estate
BUYER

Details

SOLD
IMAGE: Matt Smith, Grayson Hawkins, Anne Johnson & Patrick Gildea DATE: 07/21/2022 ADDRESS: 3042 Southcross Blvd MARKET: Rock Hill, SC ASSET TYPE: Industrial BUYER: Brick O. Real Estate SELLER: CIP Real Estate BROKERS: Matt Smith, Grayson Hawkins, Anne Johnson, Patrick Gildea & Bryan Crutcher - CBRE SALE PRICE: $5,600,000 SF: 24,727 ~ PPSF: $226

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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