For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

205 Radford Blvd Dillon, SC 29536

Sponsored
For Sale
$3,457,168

High-Yield Grocery Center, Dillon, SC

Property size:
41,560 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 41,560 square foot, Food Lion-anchored shopping center in Dillon, South Carolina. The property boasts six tenants, including a prominent Food Lion supermarket, with 100% occupancy and a strong tenant history, averaging over 20 years. The center features a 35,560 square foot Food Lion and an additional 6,000 square feet of retail space, all under a triple-net (NNN) lease structure with a remaining term of 10 years. The property enjoys a prime location, easily accessible and highly visible, situated off I-95 at the Radford Boulevard interchange. Recent improvements include a new roof and parking lot (2021). The center offers a compelling 7.00% cap rate, with a net operating income (NOI) of $241,002 and an asking price of $3,457,168 ($83.18/sq ft). The 4.2-acre lot houses a single, one-story building constructed in 1986. This well-established center, with its strong anchor tenant and existing waiting list, presents a lucrative opportunity for sustained growth and profitability. The Food Lion location ranks in the top 96% in South Carolina and 94% nationally in foot traffic. This is a rare chance to acquire a stable, high-performing retail asset in a desirable location.

Property Features for 205 Radford Blvd

General Information

Property type
Lifestyle centers
Square Feet
41,560 SF
Lot Size
182,952 SF

Building Details

Year Built
1986
Buildings
1
Stories
1
Units
6

HighLights

  • Food Lion‑anchored shopping center with a long‑term lease and extension options, providing income stability.
  • Food Lion boasts top 96% state and 94% national foot traffic rankings.
  • Strong tenant history with over 20 years average occupancy.
  • Existing waiting list for inline spaces offers future growth potential.
  • Prime I‑95 location at Radford Boulevard interchange in a high‑traffic retail corridor.
  • Recent improvements include a new roof and parking lot (2021).
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Dillon
County
Dillon
State
South Carolina
Longitude
-79.3661795
Latitude
34.4297689

FAQs

What type of property is this?
Lifestyle center - High-Yield Grocery Center, Dillon, SC
Where is this lifestyle center located?
The property is located at 205 Radford Blvd Dillon, SC.
What is the asking price?
The asking price for this property is $3,457,168.
What are key features of this property?
This property features: Food Lion-anchored shopping center with a long-term lease and extension options, providing income stability.; Food Lion boasts top 96% state and 94% national foot traffic rankings.; Strong tenant history with over 20 years average occupancy.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message