Multi-Vacancy Shopping
145 East White Street Rock Hill, SC 29730
145 East White Street, Rock Hill, SC, 29730
Contact for pricing
For Sale
Contact for pricing
Four non-subdivided retail vacancies totaling 11,330 SF provide straightforward leasing repositioning within an Opportunity Zone site.
Property Size24,530 SF
Price / SF$232.37
Days on Market50
Property Features for 145 East White Street
General Information
- Standard status
- Active
- Size
- 24,530 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agency
Berkeley Capital Advisors Charleston
Listed by
Gus Bowen · License #SC 114127
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 9:23AM
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 Berkeley Capital Advisors Charleston
Investment Insights
Based on property information with market context.
The Exchange at Rock Hill is a shopping center offered for sale with four non-subdivided retail vacancies totaling 11,330 SF. The center presents a clear path for operators seeking to lease contiguous space rather than subdivided units, with the overall property size reported as 24,530 SF.
The site is located at 145 East White Street in Rock Hill, South Carolina. The property also sits in an Opportunity Zone, which may provide eligible investors options related to capital gains treatment, subject to applicable rules and requirements.
For tenants and buyers looking for an operational reset, the existing vacancy configuration can simplify planning for retail users that need larger, undivided footprints. For investors, the combination of multiple contiguous vacancies and Opportunity Zone status may align with strategies centered on leasing execution and long-term ownership. Prospective buyers should review the property’s leasing plan, tenant criteria, and eligibility requirements tied to the Opportunity Zone designation before proceeding.
The site is located at 145 East White Street in Rock Hill, South Carolina. The property also sits in an Opportunity Zone, which may provide eligible investors options related to capital gains treatment, subject to applicable rules and requirements.
For tenants and buyers looking for an operational reset, the existing vacancy configuration can simplify planning for retail users that need larger, undivided footprints. For investors, the combination of multiple contiguous vacancies and Opportunity Zone status may align with strategies centered on leasing execution and long-term ownership. Prospective buyers should review the property’s leasing plan, tenant criteria, and eligibility requirements tied to the Opportunity Zone designation before proceeding.
Key Highlights
- Four non‑subdivided retail vacancies totaling 11,330 SF for leasing and repositioning.
- Property includes a value‑add vacancy lineup of four units (non‑subdivided) totaling 11,330 SF.
- Located in an Opportunity Zone, offering the potential to defer capital gains on previous investments.
Local Financial Insights For Retail
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 | $491.6k | $20.04 |
| − Vacancy | −$17.7k | −$0.72 |
| EGI | $473.9k | $19.32 |
| − OpEx | −$142.2k | −$5.80 |
| NOI | $331.7k | $13.52 |
24,530 SF · lease $20.04/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.74M
$4.15M – $5.53M
NOI $331,719 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.05M – $6.73M
NOI $403,794 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Season Spa
Alternative Medicine Practice
Whit's Frozen Custard ...
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- chris's shop — online, Rock Hill, SC 29730, United States
- City Plaza — 140-148 E Main St, Rock Hill, SC 29730
FAQs
What type of property is this?
Shopping center - Four non-subdivided retail vacancies totaling 11,330 SF provide straightforward leasing repositioning within an Opportunity Zone site.
Where is this shopping center located?
The property is located at 145 East White Street Rock Hill, SC.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: Four non‑subdivided retail vacancies totaling 11,330 SF for leasing and repositioning.; Property includes a value‑add vacancy lineup of four units (non‑subdivided) totaling 11,330 SF.; Located in an Opportunity Zone, offering the potential to defer capital gains on previous investments.
