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    1123 Lake Dr Lexington, SC 29073

    Sponsored
    For Lease
    Contact for pricing

    High-traffic shopping center, space available

    Lot size:
    151,843 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    South Lake Pointe, located at 1123 S Lake Dr, Lexington, SC 29073, presents a prime retail investment opportunity. This established shopping center, built in 1988, boasts a total of 151,843 square feet and currently has 1,200 square feet of vacant space available. The property features a diverse tenant mix, including a Roses anchor store, Dunkin', Southlake Family Chiropractic, and Glossy Nails and Spa, among other local businesses. The center benefits from its strategic location, experiencing consistent traffic from commuters traveling between Lexington and downtown Columbia. This high-traffic area is fueled by the thriving job market along the I-20 corridor and the robust single-family residential development in the immediate vicinity. The property's high visit frequency of 2.44 demonstrates strong customer loyalty and consistent attraction of new visitors. Available spaces range from 1 square foot to 33,218 square feet, offering flexibility for various retail concepts. This is an exceptional opportunity to establish or expand your business in a thriving South Carolina market. The property is a multi-tenant retail shopping center.

    Property Features for 1123 Lake Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    151,843 SF

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    CONTACT US FOR MORE INFORMATION
    Size
    33,218 SF

    HighLights

    • High traffic counts: 22,300 AADT on South Lake Drive.
    • High traffic counts: 9,300 AADT on Two Notch Road.
    • High traffic counts: 6,700 AADT on Old Orangeburg Road.
    • Excellent location with strong commuter traffic between Lexington and Columbia.
    • Strong residential growth fueled by I‑20 employment and new schools.
    • Prime location within a high‑growth area of the Columbia MSA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunkin' Bakery Great Wall Chinese Restaurant Joe Dirt Fireworks ... Fireworks Store MAU Workforce Solutions Employment Agency South Lake Family ... Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -81.2326932
    Latitude
    33.9514672

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center, space available
    Where is this lifestyle center located?
    The property is located at 1123 Lake Dr Lexington, SC.
    What are key features of this property?
    This property features: High traffic counts: 22,300 AADT on South Lake Drive.; High traffic counts: 9,300 AADT on Two Notch Road.; High traffic counts: 6,700 AADT on Old Orangeburg Road.
    Request Owner's contact information
    1123 Lake Dr Lexington, SC 29073
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    Lexington, SC 29073
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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
    1123 Lake Dr Lexington, SC 29073
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