Property profile

1625 Main St 85 Summerville, SC 29486

OFF-MARKET
Super regional malls
Property ID
US77-1089659
61,005 SF 6.13 ac lot Built 2021
Individually Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Sangaree Plaza presents a prime retail investment opportunity in Berkeley County. This multi-tenant center boasts a total of 66,948 square feet and enjoys exceptional visibility and accessibility, located just half a mile from Interstate 26. The property benefits from significant traffic volume, evidenced by an impressive 4.72 average customer visits. Anchored by a Food Lion supermarket, a national leader in the grocery industry, the center also includes a Dollar Tree and other established local businesses, creating a diverse and complementary tenant mix. Available space ranges from 1 square foot to a substantial 47,698 square feet, offering flexibility for a variety of retail concepts. The property's strong existing tenant base and high customer traffic create a compelling opportunity for businesses seeking a high-visibility location with established customer flow. The newly renovated center features superb frontage and remarkable exposure, ensuring maximum visibility for prospective tenants. This is an exceptional chance to secure a space in a thriving retail environment with a proven track record of success. The property's strategic location and strong tenant lineup make it an ideal investment for businesses seeking significant growth potential. Contact us today to learn more about available spaces and leasing options.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2021
Total area 61,005 SF
Lot 6.13 ac (267,023 SF)
Zoning code BERKELEY COUNTY - GC
APN 221-16-01-003
UPID US77-1089659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Transit Station
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union

Location

1625 Main St, Unit 85 Summerville, SC 29486-7864
Summerville metro Census 20714 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.47M

Owner & transaction history

since 2006
6 recorded transactions
2024
Price N/A
2016
Price N/A
2006
Price N/A
1998
Price N/A
1998
Price N/A
1969
Price N/A

Zoning & alternative use

BERKELEY COUNTY - GC · Summerville, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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