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Multi-Tenant Retail Center with Dollar Tree
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200-208 Spartanburg Hwy, Lyman, SC 29365

Stabilized multi-tenant retail center with Dollar Tree and NNN leases, located on Lyman’s retail corridor.

Property Size32,000 SF
Lot Size5.00 Acres
Price / SF$103.13
Days on Market235

Property Features for 200-208 Spartanburg Hwy

General Information

Standard status Active
Size 32,000 SF
Lot size 5.00 Acres
Property subtype RETAIL

Building Details

Year Renovated 2023
Tenancy Multi
Listing Agency: Reedy Commercial
Listed By: Ellice Niedrach
Source: Moodyscre
Added: Dec 8, 2025 Changed: Jul 30 Last Checked: Jul 31 at 12:37PM

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 Reedy Commercial

Investment Insights

Based on property information with market context.

Reedy Commercial presents a stabilized multi-tenant shopping center totaling 32,000 square feet on a 5-acre site along Lyman’s retail corridor. The center is leased under NNN terms and includes a Dollar Tree tenant, following a conversion of 10,000 square feet.

The property also reflects recent exterior and tenant improvements, including a new roof added in 2023. In addition, a gym franchise has been brought into a 16,000 square-foot vacancy, supporting the center’s continued tenant mix of national and long-term local operators.

The overall configuration and leasing structure are positioned for investors seeking a stabilized retail asset, including buyers considering a 1031 exchange, with reduced need for immediate capital improvements at purchase based on the recent roof and tenant conversion activity.

Key Highlights

  • 32,000 SF multi‑tenant shopping center on 5 acres
  • NNN leases across the center
  • New roof completed in 2023

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Storage Facility Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby
133k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 40% Groceries 10%
QuikTrip Shops & Services
39,711 visits/mo 0.1 miles
Burger King Dining
19,337 visits/mo 0.1 miles
Spinx Shops & Services
13,236 visits/mo 0.1 miles
Bojangles' Famous Chicken 'n Biscuits Dining
13,022 visits/mo 0.2 miles
KJ's Market IGA Groceries
12,703 visits/mo 0.1 miles

Demographics for 29365, SC

13,882
Population
5,193
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
91%
High-School Grad
17.6 sq mi
ZIP Area
789
Density / Sq Mi
$73,142
Median Household Income
$44,916
Median Earnings
$1,208
Median Rent
$230,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk - Bitcoin ATM — Food Lion, 300 Old Spartanburg Hwy, Lyman, SC 29365

Frequently Asked Questions

What type of property is this?
Shopping center - Stabilized multi-tenant retail center with Dollar Tree and NNN leases, located on Lyman’s retail corridor.
Where is this shopping center located?
The property is located at 200-208 Spartanburg Hwy Lyman, SC.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 32,000 SF multi‑tenant shopping center on 5 acres; NNN leases across the center; New roof completed in 2023
(864) 680-7916 Call to check price and availability
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