7467 St Andrews Rd Irmo, SC 29063

This exceptional 99,384 square foot retail property in Irmo, South Carolina, presents a compelling investment opportunity. The center boasts a strong anchor tenant in Kroger, the largest pure-play grocer in the U.S., which recently exercised its option, demonstrating long-term commitment. With 17 tenants, including Pet Supplies Plus and Orangetheory Fitness, the property enjoys a 96% occupancy rate and a substantial net operating income (NOI) of $1,226,000. Built in 1980, this two-building, single-story center sits on 13.8 acres and features 19 units. Kroger's strong sales, exceeding $49 million ($850+ per square foot), and its position as a top 3% grocer in South Carolina, along with high traffic rankings, underscore the property's exceptional performance. The center benefits from its prime location in Lexington County, a high-income suburb of the Columbia market, and its proximity to Irmo Elementary School. Two vacant units offer immediate upside potential through lease-up, while below-market rents on smaller shops provide near-term NOI growth opportunities. This grocery-anchored asset combines stability with significant value-add potential, making it a rare and attractive investment in one of the fastest-growing states in the U.S. High barriers to entry due to a lack of suitable sites further enhance its desirability.