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3710 South Carolina Highway 17
SOLD

L2 Acquisitions LLC Acquires Retail Property In Murrells Inlet, SC For $4.5M

3710 South Carolina Highway 17

Retail
10,500 SF
clock iconSold 208 days ago
Stuart Frankel
Nicholas Anzalone
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Summary

Sale
SOUTH CAROLINA
Retail
10,500 sqft

A 10,500-square-foot retail building located at 3710 South Carolina Highway 17 in Murrells Inlet, SC has been sold. The property, which houses a CVS, was successfully sold for $4.5 million at a 6.4 percent capitalization rate.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,500,000
  • Square Footage: 10,500
  • Price per Square Foot: $429
  • Address: 3710 South Carolina Highway 17
  • Market: Murrells Inlet, SC

The buyer of the retail property is L2 Acquisitions LLC, while the seller is Inlet Junction II LLC. The transaction was facilitated by Nicholas Anzalone and Stuart Frankel of Silber Investment Properties, who acted as brokers in the deal.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Stuart Frankel's profile picture
Stuart Frankel
Silber Investment Properties-image
Commercial Real Estate Broker
$4.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Nicholas Anzalone & Stuart Frankel DATE: 11/21/2023 ADDRESS: 3710 South Carolina Highway 17 MARKET: Murrells Inlet, SC ASSET TYPE: Retail BUYER: L2 Acquisitions LLC SELLER: Inlet Junction II LLC BROKERS: Nicholas Anzalone & Stuart Frankel - Silber Investment Properties SALE PRICE: $4,500,000 SF: 10,500 ~ PPSF: $429 NOTE: A 10,500-square-foot building housing a CVS at 3710 Highway 17 Bypass in Murrells Inlet, S.C., was successfully sold for $4.5 million at a 6.4 percent capitalization rate.

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Address3710 South Carolina Highway 17

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