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1560 Wade Hampton Boulevard

Updated Nov 20, 2023

Spencer/Hines Acquires Office Property On Wade Hampton Boulevard For $1.7M
SOLDOffice

Spencer/Hines Acquires Office Property On Wade Hampton Boulevard For $1.7M

1560 Wade Hampton Boulevard

$1,700,000

$354/SF

Building Size

4,800 SF

Asset Type

Office

Closing

May 16, 2023

About this deal

AI

An office property located at 1560 Wade Hampton Boulevard in Greenville, SC has been sold for $1,700,000. The property spans across 4,800 square feet, resulting in a price per square foot of $354.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $1,700,000
  • Square Footage: 4,800
  • Price per Square Foot: $354
  • Address: 1560 Wade Hampton Boulevard, Greenville, SC
  • Market: Greenville, SC

The transaction was facilitated by Zach Hines and Cameron Smith from Spencer/Hines agency.

The office sale at 1560 Wade Hampton Boulevard in Greenville, South Carolina sold for $1.7M in 2023. The building is 4,800 square feet, implying about 354 per square foot on the published price. Named participants on the 1560 Wade Hampton Boulevard sale are Cameron Smith, Zach Hines. This page is the Greenville, South Carolina file for the 1560 Wade Hampton Boulevard office sold: pricing, party profiles, and other closed office comps from the same Greenville sit in the Market section below. Filter that Greenville office set by closing date to see what else sold near 1560 Wade Hampton Boulevard around 2023. Published consideration for 1560 Wade Hampton Boulevard is $1.7M, dated 2023. Cite this Spencer/Hines Acquires Office Property On Wade Hampton Boulevard For $1.7M sale when underwriting similar office product around Greenville, South Carolina.

Players

Zach Hines

Broker

$3.2M

vol

2 deals

Broker

Greenville Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $354 per square foot on a published $1.7M for 4,800 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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