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    918 Lake Dr Lexington, SC 29072

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    For Lease
    Contact for pricing

    High-traffic retail space in Lexington, SC

    Lot size:
    131,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lexington Towne Centre offers a prime retail opportunity in Lexington, South Carolina. This 131,809 square foot shopping center is anchored by Food Lion, Books-A-Million, and Big Air, ensuring high visibility and consistent foot traffic. Currently, 3,775 square feet of retail space is available, representing a minimum divisible unit size. The maximum contiguous space available is also 3,775 square feet, ideal for a single tenant seeking a prominent location. The center boasts a total of 15 suites, providing a diverse mix of tenants and a vibrant atmosphere. Situated on 12 acres of land at the intersection of Sunset Blvd and N Lake Dr, this location benefits from excellent accessibility and visibility in a rapidly growing area of the Columbia metro region. The property's strategic location extends its reach to the substantial residential population surrounding Lake Murray, providing a wide and established customer base. This opportunity is perfect for businesses seeking a well-established location within a thriving retail environment. The property's size and location make it an attractive option for a variety of retail uses, including those listed in the property subtype: Shopping Center, Office, Retail, Salon, and Massage.

    Property Features for 918 Lake Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    131,809 SF

    Unit(s) available at that property

    Space
    Unit 920-080
    Size
    3,775 SF

    HighLights

    • High‑visibility corner location at the signalized intersection of Sunset Blvd and N Lake Dr.
    • Excellent ingress/egress from both Sunset Blvd and N Lake Dr.
    • Strong demographics, with average household incomes exceeding $125,000 within a 3‑mile radius.
    • High traffic counts: 35,000 VPD on Sunset Blvd and 17,700 VPD on N Lake Dr.
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Lion Grocery Store HOTWORX- Lexington, SC Yoga Studio Blue Rhino Propane ... Propane Supplier Western Union Money Transfer Service Coinstar Kiosk | Bitcoin ... Atm

    Suggested Use

    Restaurant Realty agency 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
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.22907876326
    Latitude
    33.994040258655

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space in Lexington, SC
    Where is this lifestyle center located?
    The property is located at 918 Lake Dr Lexington, SC.
    What are key features of this property?
    This property features: High-visibility corner location at the signalized intersection of Sunset Blvd and N Lake Dr.; Excellent ingress/egress from both Sunset Blvd and N Lake Dr.; Strong demographics, with average household incomes exceeding $125,000 within a 3-mile radius.
    Request Owner's contact information
    918 Lake Dr Lexington, SC 29072
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    Lexington, SC 29072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    918 Lake Dr Lexington, SC 29072
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