The Keith Corp Acquires Industrial Property In Rock Hill, S.C For $10.2M
SOLD
$10,200,000
South Carolina
See Similar DealsIndustrial64 SF
Sold 12/12/2022
SOLD
The Keith Corp Acquires Industrial Property In Rock Hill, S.C For $10.2M
4101 Celanese Road, Rock Hill, South Carolina 29732, United States
See Similar DealsIndustrial64 SF
Sold 12/12/2022
Summary
SOUTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$159,375
Total Square Footage:64 SF
Transaction Type:Sale
The industrial property located at 4101 Celanese Road in Rock Hill, S.C has recently been sold. The property spans a total area of 64,654 square feet and was sold for a price of $10,200,000, resulting in a price per square foot of $158. The buyer of the property is The Keith Corp.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,200,000
- Address: 4101 Celanese Road, Rock Hill, S.C
- Market: Rock Hill, S.C
- Buyer: The Keith Corp
The sale of this industrial property was facilitated by JLL Capital Markets, representing the buyer. JLL Capital Markets acted as the broker for The Keith Corp in this transaction.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$544,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,238.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,353.20
Annual Debt Service$580,238.45
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