Marcus & Millichap Facilitates $4.3M Sale Of Single-Tenant Office Building In Aiken
2031 South Centennial Avenue
$4,300,000
$83/SF
Building Size
51,250 SF
Asset Type
Office
Closing
Mar 22, 2024
AI
The $4.3 million sale of a single-tenant office building in Aiken, Georgia, occupied by UPS Supply Chain Solutions has been facilitated by Marcus & Millichap. The property, located at 2031 South Centennial Avenue, spans 51,250 square feet, resulting in a price per square foot of $84.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,300,000
- Address: 2031 South Centennial Avenue
- Market: Aiken, SC
- Brokers: Ani Paulson & Ben Yelm - Marcus & Millichap
Ani Paulson and Ben Yelm from Marcus & Millichap played a pivotal role in the successful completion of the $4.3 million transaction involving the single-tenant office property. Their expertise and negotiation skills were instrumental in finalizing the deal for the office building occupied by UPS Supply Chain Solutions in Aiken, Georgia.
Players
Aiken Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93