Marcus & Millichap Sells Retail Property In Columbia, SC For $2.45M
SOLD
$2,450,000
South Carolina
See Similar DealsRetail
Sold 06/27/2022
SOLD
Marcus & Millichap Sells Retail Property In Columbia, SC For $2.45M
1324 Bush River Road, Columbia, South Carolina 29210, United States
See Similar DealsRetail
Sold 06/27/2022
Summary
SOUTH CAROLINA
Asset Type:Retail
Transaction Type:Sale
An retail property located at 1324 Bush River Rd in Columbia, SC has been sold for a price of $2,450,000. The transaction took place on 06/27/2022, with Phil Kates & Adam Sklaver of Marcus & Millichap serving as the brokers for the deal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,450,000
- Address: 1324 Bush River Rd, Columbia, SC
- Market: Columbia, SC
- Brokers: Phil Kates & Adam Sklaver - Marcus & Millichap
The sale of the property at 1324 Bush River Rd was facilitated by the brokers Phil Kates and Adam Sklaver from Marcus & Millichap. They played a crucial role in representing the parties involved in the transaction, helping to negotiate the terms and finalize the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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