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1305 Knox Abbott Dr Cayce, SC 29033

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For Sale
$2,250,000

Retail strip center with long-term tenants and attractive rent growth.

Property size:
6,300 SF
Lot size:
2.62 Acres

Property Features for 1305 Knox Abbott Dr

General Information

Size
6,300 SF
Lot size
2.62 Acres

Source: Furman Capital Advisors Agent Robert Schmidt

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Strip Center For Sale

This retail property features a strong tenant history, with three of the four tenants having occupied the building since its initial construction in 2016. Long-term lease commitments are in place, including a recently executed 10-year lease by Wings Co. and an early 5-year extension by Pure Nail Spa. The property offers attractive rent and net operating income (NOI) growth, with Today’s Dental, Pure Nail & Spa, and Great Clips featuring scheduled annual 3% rent escalations, providing stable income and predictable growth. Wings Co. sees a 10% increase every 5 years. The leases are structured as NNN, including management and admin fees, significantly reducing landlord operating expenses and enhancing net operating income consistency. The property is shadow-anchored by a high-performing Walmart location with over 90,000 monthly visitors, offering strong consumer draw and built-in foot traffic. The property contains 6,300 square feet of retail space.
Insight Report Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Cayce
County
Lexington
State
South Carolina
Longitude
-81.0732602
Latitude
33.9776531

FAQs

What type of property is this?
Strip mall - Retail strip center with long-term tenants and attractive rent growth.
Where is this strip mall located?
The property is located at 1305 Knox Abbott Dr Cayce, SC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Shadow-Anchored by Walmart Neighborhood Market: Benefit from high foot traffic with over 90,000 monthly visitors.; - Landlord-Friendly Lease Structure: NNN leases including management and admin fees reduce operating expenses.; - Attractive Rent/NOI Growth: Scheduled annual rent escalations provide stable income.
More about this property
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