518 C R Koon Hwy Prosperity, SC 29127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.