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

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.