629 Hwy 28 Bypass Anderson, SC 29625
40,000 SF shopping center in Greenville, SC MSA.
Type:Shopping Strip
Property size:
40,000 SFPrice / SF:
$176/SF- Added:
- Apr 14, 2026
- Days on Market:
- 9
- Last Refresh:
- Apr 14 at 6:58 am
Property Features for 629 Hwy 28 Bypass
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1999
Listing agent Eric Abbott License #GA: 407938 (678) 808-2746
Listing office Atlanta Office (678) 808-2746
Listing date Apr 14, 2026
Source Marcusmillichap
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 Atlanta Office
Overview
Walmart Shadow Center For Sale
This 40,000-square-foot Walmart shadow center is located in a stable South Carolina market, just outside of Clemson and part of the Greenville MSA. As the primary retail destination for South Anderson, the property benefits from virtually no surrounding retail competition. The center features a mix of national credit and service-oriented tenants with exceptional foot traffic, with 61% credit tenancy and long-term proven operators averaging a 10.5-year tenure. Strong leasing momentum is present, with four new leases recently signed. The property is ranked as the second most visited shopping center in a 15-mile radius. National tenants include Dollar Tree, CenterWell, and Petsense. The center has an 18% in-place vacancy, with average rents of the last four leases completed at $19 per square foot. Located at a signalized intersection with direct frontage on Highway 28 Bypass (28,000 VPD), the property is positioned in South Anderson’s dominant retail corridor. Walmart shadow positioning drives consistent daily traffic, reinforcing the center as a need-based retail destination. Anderson County is a key employment and retail hub in the Greenville MSA, comprising over 230 manufacturing companies, 1,050+ retail businesses, 1,200+ professional service companies, and 545 hospitality-based organizations. Key traffic drivers include AnMed Health, Michelin, Bosch Rexroth, Electrolux, and Duke Energy. Recent developments include approval of construction for a 1000-home development on Hampton Rd & Approval for Duke Energy’s new Natural Gas plant, with construction set for 2027. The property is in close proximity to Clemson University, providing consistent visitor and student traffic to the Anderson area.
Location Intelligence
Current Use by Public Records
Creston Dental
Dental Office
Similar Places Nearby
- Midtowne Park — 3519 Clemson Blvd, Anderson, SC 29621
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.675858
- Latitude
- 34.488165
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - 40,000 SF shopping center in Greenville, SC MSA.
Where is this shopping center located?
The property is located at 629 Hwy 28 Bypass Anderson, SC.
What is the asking price?
The asking price for this property is $7,060,000.
What are key features of this property?
This property features: Value‑add opportunity with 18% in‑place vacancy and potential for a double‑digit proforma cap rate by leasing vacancies at $16-$18 PSF.; Located in a high‑traffic area as the #2 most visited shopping center within a 15‑mile radius.; Anchored by Walmart shadow positioning, driving consistent daily traffic and establishing the center as a primary retail destination.
