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Property profile & analytics
FOR LEASE
Strip malls

1123 Lk Dr Lexington, SC 29073-7744

45,285 SF 6.77 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-0834032
Property summary
AI-generated overview

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 profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Total area 45,285 SF
Lot 6.77 ac (294,901 SF)
Zoning code ID
APN 005499-05-017
UPID US77-0834032
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
Current use
Occupant on record · Public records
  • Dunkin' Bakery Specialty Food Shop
  • Great Wall Restaurant
  • Joe Dirt Fireworks - Stand Location Discount Store Party Supply Store
  • MAU Workforce Solutions Employment Agency
  • South Lake Family Chiropractic, LLC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.65M
Owner & transaction history
Rice Beans And Potatoes LLC · 1 yrs held
Rice Beans And Potatoes LLC
since 2025
Last sale
$1.9M
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$1.9M
2022
Price N/A
2021
Price N/A
2017
Price N/A
2016
$4.8M
Zoning & alternative use
ID · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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