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Property profile & analytics
FOR LEASE
Outlet malls

1511 Woodruff Rd Greenville, SC 29607

7.38 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US77-1454779
Property summary
AI-generated overview

The Hobby Lobby Center, located on Woodruff Road, offers 70,000 square feet of retail space in a multi-tenant building. This Class B property features a strong performing Hobby Lobby as its anchor tenant and The Fresh Market as a shadow anchor, ensuring high foot traffic and visibility. The center boasts five total suites, with 1,600 square feet currently available, divisible to a minimum of 1,600 square feet. Its prime location provides excellent access from Woodruff Road and Feaster Road, benefiting from high traffic counts of 36,700 vehicles per day on Woodruff Road. The property also features available pylon signage for increased brand exposure. The surrounding area demonstrates strong demographics, with an average household income of $113,000, making it an attractive location for businesses seeking a high-performing retail space. This well-positioned center offers a unique opportunity for businesses to thrive in a vibrant commercial environment. The existing infrastructure includes a prominent pylon sign. The property's strategic location and strong anchor tenants create a compelling investment opportunity. The available space is ideal for a variety of retail, office, or salon uses.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Lot 7.38 ac (321,603 SF)
Zoning code C-3
APN 0547.03-01-001.40
UPID US77-1454779
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
  • OneMain Financial Loan Service
  • Green Tomato Buffet Restaurant Buffet
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
  • Hobby Lobby (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Evp Greenville LLC · 8 yrs held
Evp Greenville LLC
since 2018
4 recorded transactions
2018
$6.0M
2014
$7.3M
2011
$6.3M
2004
$10
Zoning & alternative use
C-3 · Greenville, 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?”
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