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Multi-Tenant Retail Center

110 MIRACLE MILE DR Anderson, SC 29621

110 MIRACLE MILE DR, Anderson, SC, 29621
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Leased retail center with multiple established businesses and three suites available for new tenants.

Property Size19,030 SF
Price / SF$204.94
AddedJun 3
Days on Market43
Last RefreshJun 6 at 2:25 am

Property Features for 110 MIRACLE MILE DR

General Information

Standard status
Active
Size
19,030 SF
Property subtype
Retail, Office, Mixed Use

Building Details

Year Built
1977

Listing office Silver Star Real Estate

Listing date Jun 3, 2026

Source Crexi

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 Silver Star Real Estate


Investment Insights

Based on property information with market context.

This multi-tenant retail center offers 19,030 SF with a currently leased tenant base that includes eight established businesses. The property has three spaces currently open for lease, creating immediate in-place occupancy structure while allowing for new retail and service concepts to enter the mix.

Located at 110 Miracle Mile Dr in Anderson, SC, the center is configured to support multiple storefront-style occupants within one ownership footprint. The existing tenant mix indicates the building is being utilized for ongoing customer-facing operations, with several units presently occupied and managed under a single property.

For prospective tenants or buyers, the most practical takeaway is the combination of established operations and near-term leasing flexibility. With three units available, retailers or service providers that align with the existing tenant types can target space within a functioning center rather than a ground-up start. The property’s size and multi-unit design also support a range of tenant footprints for an operator looking to join an active retail environment.

Key Highlights

  • 19,030 SF leased retail center with 8 established businesses currently leasing 3 spaces
  • 8 established businesses in place, with 3 suites currently open for lease
  • Year built: 1977

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $488.7k $25.68
− Vacancy −$71.0k −$3.73
EGI $417.7k $21.95
− OpEx −$104.4k −$5.49
NOI $313.3k $16.46
19,030 SF · lease $25.68/SF/yr · vacancy 14.53% · expense 25.00%

Alternative Uses

Best Use
Retail
$5.50M
$4.82M – $6.42M (±1% cap)
NOI $385,243 @ 7.0% cap · market cap 9.88%
Second Best
Office B
$4.48M
$3.92M – $5.22M (±1% cap)
NOI $313,263 @ 7.0% cap · market cap 8.03%
Theoretical Best
Multifamily LT 5
$206.04M
$180.29M – $240.38M (±1% cap)
NOI $14,422,886 @ 7.0% cap · market cap 369.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Guitar Shop (Bike/Boat/Book/etc) Store Cameron Paul's Dojo Sports School GetRight! Personal Training Gym & Fitness Center Taqueria Picante Mexican ... Restaurant Precision Carolina Spinal ... Alternative Medicine Practice

Suggested Use

Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Leased retail center with multiple established businesses and three suites available for new tenants.
Where is this retail space located?
The property is located at 110 MIRACLE MILE DR Anderson, SC.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 19,030 SF leased retail center with 8 established businesses currently leasing 3 spaces; 8 established businesses in place, with 3 suites currently open for lease; Year built: 1977
Contact an agent
(864) 225-1883 Call to check price and availability
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