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4140 Pleasant Road Fort Mil...

Growth Capital Partners & Highline Real Estate Acquire Industrial Property In Fort Mill, SC For $42.5M
SOLDIndustrial

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

GP
Growth Capital PartnersBuyer

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