Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    161 Aiken Ln Aiken, SC 29803

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($3,600 /Mo)

    High-traffic retail space, Aiken County.

    Lot size:
    2,400 SF

    Property Features for 161 Aiken Ln

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF
    Total Rate
    3600

    Spaces For Lease

    at 161 Aiken Ln, Aiken, SC 29803 Contact us
    Unit Suite 4

    $18 /Mo

    Size
    2,400 SF
    Contact us

    We can help!

    Listing Contact
    John Mills
    John Mills

    Listing Agency: Wilson Kibler Listing Agent: John Mills

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail opportunity presents a single, ±2,400 square foot suite available for lease within the Shoppes at Whiskey shopping center in Aiken County. The entire space is currently vacant, offering a blank canvas for a new tenant to establish their business. Strategically located at a signalized intersection, this property benefits from exceptional visibility and high traffic volume. The center enjoys proximity to a Walmart Supercenter, further enhancing its appeal to potential customers. Detailed traffic counts reveal impressive daily traffic volumes: 37,200 vehicles per day on Whiskey Road and 21,300 vehicles per day on Pine Logging Road. This prime location ensures significant exposure for your business. The lease rate is $18.00 per square foot, NNN (Net, Net, Net). The property type is retail, specifically a shopping center with multiple tenancy options, although currently only one suite remains. The total building square footage is 2,400 square feet, all of which is currently vacant and ready for immediate occupancy. This presents a unique chance to secure a prominent retail space in a high-traffic area with excellent visibility and established surrounding businesses. The property is ideally suited for a variety of retail uses. Contact us today to learn more about this outstanding opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Club Pilates Gym & Fitness Center Premier Martial Arts ... Training Center Sunglass Image Designer ... Ophthalmologist Wu Family Eye ... Eye Care Center LensCrafters Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Aiken
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.7155322
    Latitude
    33.5196293

    Nearby Similar for Lease

    • $4,810 /Mo
      2,540 SF

      Aiken Office/Medical Space Available

      Office and medical suites available for sublease in Aiken, SC.
      5000 Woodside Executive Ct, Aiken, SC 29803
      View Details
    • $1,500 /Mo
      1,416 SF

      Aiken Commercial Building For Rent

      Versatile commercial building suitable for worship, meetings, or office space.
      5085 Whiskey Rd, Aiken, SC 29803
      View Details
    • $534 /Mo
      113 SF

      Houndslake Office Space For Rent

      Office spaces available in Houndslake Country Club, Aiken, SC.
      918 Houndslake Dr, Aiken, SC 29801
      View Details
    • $14 SF/Yr
      30,266 SF

      Aiken Office Space for Lease

      Prime Aiken location, flexible suites available
      1080 Silver Bluff Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      195,716 SF

      Shoppes at Richland: Prime Retail Space

      Aiken County retail space; two 1,600 sq ft units available.
      3581 Richland Ave, Aiken, SC 29801
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Aiken Center

      Retail space available in busy, Walmart-anchored shopping center.
      3555 Richland Ave W, Aiken, SC 29801
      View Details
    • $12 SF/Yr
      21,000 SF

      York Street Retail Center

      Aiken, SC Retail Space Available
      522 York St, Aiken, SC 29801
      View Details
    • Contact for pricing
      9,000 SF

      Aiken Retail Space For Lease

      Retail spaces available in a strategically located Aiken shopping center.
      1521 Whiskey Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      2,137 SF

      Retail Space on Whiskey Road

      Retail space with high traffic and ample parking.
      1944 Whiskey Rd, Aiken, SC 29803
      View Details
    • $4 SF/Yr
      80,000 SF

      Aiken Warehouse Space Available

      Multiple warehouse spaces for lease in Aiken, South Carolina.
      259 Main Dr, Aiken, SC 29801
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space on Whiskey Road

      Retail units available in high-traffic Aiken location.
      2441 Whiskey Rd, Aiken, SC 29803
      View Details
    • Contact for pricing
      3,540 SF

      Retail Space Available For Rent

      3,540 SF retail space available for rent in Aiken.
      250 Eastgate Dr, Aiken, SC 29803
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space, Aiken County.
    Where is this lifestyle center located?
    The property is located at 161 Aiken Ln Aiken, SC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Retail shopping center totaling 2,400 square feet.; Entire center (2,400 square feet) is currently vacant.; Located in Aiken County.
    (803) 255-8628
    Request Owner's contact information
    161 Aiken Ln Aiken, SC 29803
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    161 Aiken Ln
    Aiken, SC 29803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    161 Aiken Ln Aiken, SC 29803
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Mills
    John Mills
    Real Estate License ID: 97905
    (803) 255-8628 (803) 779-8600
    Learn more
    Google sign-in failed. Please try again or use another login method.