Marcus & Millichap Sells Harbor Freight Tools Store In Easley, SC For $3.39M
816 Saco Lowell Road Easley, South Carolina 29640, USA
$3,390,000
$226/SF
Building Size
15,000 SF
Asset Type
Retail
Closing
Jul 10, 2023
AI
A 15,000-square-foot Harbor Freight Tools store located at 816 Saco Lowell Road in Easley, SC has been sold for $3.39 million. The property sits on a 2.11-acre retail lot. Ani Paulson and Don McMinn from Marcus & Millichap represented the buyer and seller in the transaction.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,390,000
- Address: 816 Saco Lowell Road, Easley, SC
- Market: Easley, SC
- Acreage: 2.11 acres
Marcus & Millichap announced the sale of the Harbor Freight Tools store in Greenville, South Carolina. Ani Paulson and Don McMinn, brokers from Marcus & Millichap, played a crucial role in facilitating the deal. The transaction price of $3.39 million reflects the value of this property.
Players
Easley 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
4.68%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93