Marcus & Millichap Sells Retail Property In Columbia, SC For $2.45M
1324 Bush River Road, Columbia, South Carolina 29210, United States
$2,450,000
Building Size
—
Asset Type
Retail
Closing
Jun 26, 2022
AI
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.
Players
Columbia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93