- 110,000 square-foot, Class B industrial facility located in Anderson, SC.
- The buyer was an investment firm out of Florida who specializes in industrial assets. The appeal of the property was its location along the I-85 corridor, its long-term strong-credit tenant, and that the tenant is paying below market rents. The buyer was able to get a very competitive non-recourse debt.
- Sale price $7,075,000; or about $64.30 per square foot
- 6.84% Cap