629 Hwy 28 Bypass, Anderson, SC 29625

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.