Growth Capital Partners & Highline Real Estate Acquire Industrial Property In Fort Mill, SC For $42.5M
4140 Pleasant Road Fort Mill, South Carolina 29708, Usa
$42,500,000
$88/SF
Building Size
478,400 SF
Asset Type
Industrial
Closing
May 16, 2023
AI
The industrial property located at 4140 Pleasant Road in Fort Mill, SC has been sold in a transaction that took place on 05/16/2023. The property spans a total of 478,400 square feet and was sold for a price of $42,500,000. This translates to a price per square foot of $89.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $42,500,000
- Address: 4140 Pleasant Road, Fort Mill, SC
- Market: Fort Mill, SC
- Buyer: Growth Capital Partners & Highline Real Estate
Growth Capital Partners and Highline Real Estate were the buyer entities involved in this transaction. They represented the buyer's side in this deal.
Players
Fort Mill Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93