Clean 5-Unit Strip
For Sale
Contact for pricing
101 Ashley Lane, Laurens, SC 29360
5-unit strip center in Laurens city limits, currently leased at 60% with a recently replaced roof and flashing.
Property SizeContact for details
Days on Market121
Property Features for 101 Ashley Lane
General Information
Standard status
Active
Property subtype
Retail
Occupancy
60%
Additional Details
Cap Rate
5.8%
Building Details
Tenancy
Multi
Listing Agency:
Divine Realty LLC
Listed By:
John Plank · License #SC 102867
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 7:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divine Realty LLC
Investment Insights
Based on property information with market context.
This clean strip center offers a total of five units and is currently leased at 60%. The property has been well maintained, with a recently installed brand-new roof and replaced flashing.
Located within the city limits of Laurens, SC, the center is positioned for continued tenant occupancy. SVN-BlackStream is offering the asset for sale, with the current leasing performance contributing to an indicated cap rate of 5.8%.
As described in the offering materials, leasing the remaining two units would not change the stated sales price and is projected to increase the cap rate to 10%.
Located within the city limits of Laurens, SC, the center is positioned for continued tenant occupancy. SVN-BlackStream is offering the asset for sale, with the current leasing performance contributing to an indicated cap rate of 5.8%.
As described in the offering materials, leasing the remaining two units would not change the stated sales price and is projected to increase the cap rate to 10%.
Key Highlights
- 5‑unit strip center in the city limits of Laurens, SC
- Currently leased at 60%
- Recently installed brand‑new roof with replaced flashing
Property Analytics
Current Use
Lease Details
60%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Dollar General
Shops & Services
7,608 visits/mo
0.1 miles
Founders Federal Credit Union
Shops & Services
6,232 visits/mo
0.1 miles
Dollar Tree
Shops & Services
5,480 visits/mo
0.2 miles
SUBWAY
Dining
2,429 visits/mo
0.1 miles
Garcia's Mexican Restaurant
Dining
774 visits/mo
0.2 miles
Demographics for 29360, SC
21,242
Population
9,521
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
82%
High-School Grad
150.3 sq mi
ZIP Area
141
Density / Sq Mi
$55,846
Median Household Income
$36,083
Median Earnings
$808
Median Rent
$151,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 5-unit strip center in Laurens city limits, currently leased at 60% with a recently replaced roof and flashing.
Where is this strip mall located?
The property is located at 101 Ashley Lane Laurens, SC.
What are key features of this property?
This property features: 5‑unit strip center in the city limits of Laurens, SC; Currently leased at 60%; Recently installed brand‑new roof with replaced flashing
