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Bank Property with Drive-Through
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575 Columbia Ave, Lexington, SC 29072

Freestanding bank property with a triple-net lease, multiple access points, and established drive-through banking infrastructure.

Property SizeContact for details
Days on Market144

Property Features for 575 Columbia Ave

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Road Access Yes
Listing Agency: Horvath & Tremblay
Listed By: Kyle Danielson · License #9538605
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:02PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

This freestanding bank property at 575 Columbia Avenue is occupied by TD Bank, which has operated at the site since 2003. The property includes three drive-thru lanes, a drive-up ATM, and two points of access. The lease was extended in 2020 through July 2030 and includes four five-year renewal options, with scheduled rent increases during the base term and renewal periods. The lease is structured as triple net and has over 7 years remaining.

The site fronts Columbia Avenue in Lexington’s primary commercial corridor, positioned between US Routes 1 and 378. Surrounding commercial activity includes grocers, retailers, and restaurants. Interstate 20 is a short drive away, while Columbia is approximately 12 miles east of the property.

Key Highlights

  • TD Bank occupancy dating to 2003
  • Triple‑net lease extended through July 2030
  • Four 5‑year renewal options with scheduled rent increases

Property Analytics

Current Use

TD Bank Bank Ryan J Hedlund- ... Financial Advisor ATM (TD Bank) Atm Tina Reynolds - Mortgage ... Loan Service Chad Parrott - Mortgage ... Loan Service

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Food Market

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,265
Businesses Nearby

Demographics for 29072, SC

65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
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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Frequently Asked Questions

What type of property is this?
Bank - Freestanding bank property with a triple-net lease, multiple access points, and established drive-through banking infrastructure.
Where is this bank located?
The property is located at 575 Columbia Ave Lexington, SC.
What are key features of this property?
This property features: TD Bank occupancy dating to 2003; Triple‑net lease extended through July 2030; Four 5‑year renewal options with scheduled rent increases
More about this property
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