SOLD
L2 Acquisitions LLC Acquires Retail Property In Murrells Inlet, SC For $4.5M
3710 South Carolina Highway 17
Retail
10,500 SF
10,500 SF
Sold 170 days ago
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
Details
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.View on map
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Address3710 South Carolina Highway 17
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