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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

518 C R Koon Hwy Prosperity, SC 29127

41,193 SF Built 2006
Property ID
Property summary
AI-generated overview

Prosperity Plaza, located at 518 CR Koon Hwy, Prosperity, SC 29127, presents a compelling investment opportunity in a thriving neighborhood center. This single-story, 41,193 square foot retail center, built in 2006, boasts a prominent Food Lion anchor tenant, ensuring consistent foot traffic. The property features a total of 120 parking spaces, providing ample convenience for shoppers and employees. Currently, there is 12,800 square feet of vacant space available, divisible into units as small as 4,800 square feet, with a maximum contiguous space of 8,000 square feet. The property is classified as Class C and sits on a 5.32-acre lot. The flexible space is ideal for a variety of retail uses, including salons, clothing shops, and restaurants, making it an attractive option for both established businesses and new ventures. The absence of elevators is noted. This well-located center offers excellent visibility and accessibility, making it a prime location for businesses seeking to establish a presence in the growing Prosperity, South Carolina market. The property's existing anchor tenant and ample parking provide a strong foundation for future success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2006
Total area 41,193 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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