Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5135 Sunset Blvd Lexington, SC 29072

    Sponsored
    For Lease
    Contact for pricing

    Target-shadowed shopping center in Lexington, SC

    Lot size:
    114,088 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Lexington Pavilion, a 114,088 square foot retail community center, presents a unique investment opportunity. Located at 5135 Sunset Blvd, Lexington, SC 29072, this property boasts a prime location on a high-traffic corridor with over 41,000 cars daily. Built in 2006, the center features 767 parking spaces and benefits from a signalized entrance on Sunset Blvd, ensuring easy accessibility. Currently, the entire 114,089 square feet is vacant, offering significant potential for redevelopment or lease. The center is strategically positioned less than 3 miles from I-20 and downtown Lexington, within the rapidly growing Columbia, SC MSA. Lexington, SC has experienced nearly a 10% population increase in the last three years. The property is shadow-anchored by Target and includes a strong tenant mix of national and regional brands such as Best Buy, PetSmart, World Market, Kay Jewelers, Fab’rik, Chicken Salad Chick, Lane Bryant, Salsarita's, and Five Guys Burgers & Fries. This location benefits from the presence of numerous national and international companies in Lexington, including Amazon, US Foods, and others. The property's size, location, and existing tenant base make it an attractive proposition for investors seeking a high-growth market. The significant vacancy presents a blank canvas for a new vision.

    Property Features for 5135 Sunset Blvd

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,088 SF

    Building Details

    Year Built
    2006

    Unit(s) available at that property

    Space
    Suite 70
    Size
    1,605 SF
    Space
    Suite 220
    Size
    770 SF
    Space
    Suite 260
    Size
    3,752 SF

    HighLights

    • Shadow‑anchored by Target, Best Buy, PetSmart, and World Market.
    • Strong tenant mix including Fab’rik, Lane Bryant, Five Guys, and Sport Clips.
    • Ample parking with a 6.72/1,000 SF ratio.
    • Built in 2006, offering 114,088 square feet of gross leasable area (GLA).
    • High visibility location with 41,700 vehicles per day (VPD) on Sunset Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lane Bryant Plus Size Clothing Store Salsarita's Fresh Mexican ... Caterer Crumbl - Lexington Bakery HandPicked Jewelry Store America's Best Contacts ... Eye Care Center

    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
    -81.19483634327
    Latitude
    34.006247501075

    Nearby Similar for Lease

    • $25 SF/Yr
      888 SF

      Lexington Retail Space For Lease

      Retail suites available in Lexington, undergoing extensive renovation.
      1812 Augusta Hwy, Lexington, SC 29072
      View Details
    • Contact for pricing
      8,720 SF

      Revitalized Retail Space on Main

      Retail space with visibility in Lexington's Main Street District.
      102 W Main St, Lexington, SC 29072
      View Details
    • Contact for pricing
      11,500 SF

      Lexington County Industrial Flex Space

      ±11,500 SF Flex/Warehouse Space Available
      0 Dooley Rd, Lexington, SC 29073
      View Details
    • $18 SF/Yr
      4,000 SF

      Downtown Lexington Office Space

      2,000 SF office space in the heart of Lexington.
      129-B E Main St, Lexington, SC 29072
      View Details
    • Contact for pricing
      131,809 SF

      Lexington Towne Centre Retail Space

      High-traffic retail space in Lexington, SC
      918 Lake Dr, Lexington, SC 29072
      View Details
    • $5,000 /Mo
      4,000 SF

      Renovated Office Building Near Sunset

      Renovated 4,000 SF office building in Lexington County.
      108 Tom Corley Pl, Lexington, SC
      View Details
    • $19 SF/Yr
      496 SF

      Lexington Office Space Available

      Prime Lexington, SC Office Suites
      201 Main St, Lexington, SC 29072
      View Details
    • $20 SF/Yr
      7,500 SF

      Lexington Commercial Property: 7,500 SF

      Versatile 7,500 sq ft building on 1.5 acres.
      200 Wise Ferry Rd, Lexington, SC 29072
      View Details
    • Contact for pricing
      1,500 SF

      Lexington Retail Space - 1500 SQFT

      Prime Lexington retail space, 1500 sq ft, available now.
      1424 Two Notch Rd, Lexington, SC 29073
      View Details
    • Contact for pricing
      151,843 SF

      Lexington Retail Center Opportunity

      High-traffic shopping center, space available
      1123 Lake Dr, Lexington, SC 29073
      View Details
    • $21 SF/Yr
      1,380 SF

      Lexington Executive Office Suite

      Class A Office, 1380 sq ft, Ample Parking
      322 Main St, Lexington, SC 29072
      View Details
    • $18 SF/Yr
      4,000 SF

      Lexington Executive Office Suite

      Prime Downtown Lexington Office Space
      129 Main St, Lexington, SC 29072
      View Details

    FAQs

    What type of property is this?
    Community center - Target-shadowed shopping center in Lexington, SC
    Where is this community center located?
    The property is located at 5135 Sunset Blvd Lexington, SC.
    What are key features of this property?
    This property features: Shadow-anchored by Target, Best Buy, PetSmart, and World Market.; Strong tenant mix including Fab’rik, Lane Bryant, Five Guys, and Sport Clips.; Ample parking with a 6.72/1,000 SF ratio.
    Request Owner's contact information
    5135 Sunset Blvd Lexington, SC 29072
    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.
    5135 Sunset Blvd
    Lexington, SC 29072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5135 Sunset Blvd Lexington, SC 29072
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.