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    FOR LEASE
    Community centers

    1788 S Lake Dr, Lexington, SC 29073

    5,355 SF 4.93 ac lot Built 2007
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US77-1471740
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located within the thriving Shoppes at White Knoll shopping center in Lexington, South Carolina. The center boasts a total of 203,819 square feet and is anchored by a Walmart. This prime location offers excellent visibility and accessibility, situated at 1788 & 1792 South Lake Drive, zip code 29073, in Lexington County. Currently, there is only one retail space remaining, measuring 1,200 square feet, perfect for a variety of businesses. The center features a strong tenant mix including established national and local brands such as US Wings & Deli, Sports Clips, Sally Beauty, The UPS Store, Game Stop, Dollar Tree, Little Caesar's Pizza, Highway 55, and Cricket Wireless. This vibrant shopping center benefits from high foot traffic generated by the anchor tenant and diverse range of existing businesses. The property is classified as a multi-tenant shopping center. This is a rare opportunity to secure a space in a well-established and successful retail center in a rapidly growing area of Lexington County, South Carolina. Don't miss out on this chance to establish your business in a high-traffic, convenient location. The available space is part of 40,100 square feet of inline retail space within the larger shopping center.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2007
    Total area 5,355 SF
    Lot 4.93 ac (214,751 SF)
    APN 007600-04-119
    UPID US77-1471740
    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
    • Little Caesars Pizza Restaurant
    • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
    • Shoppes At White Knoll Shopping Center & Mall
    • US Wings & Deli- Red Bank Restaurant
    • Edible Arrangements (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $874k
    Blend (final) Blend
    $700k
    Owner & transaction history
    Wrs Centers Shops LLC · 3 yrs held
    Wrs Centers Shops LLC
    since 2022
    4 recorded transactions
    2022
    2022
    2014
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.1M +99.7%
    Office building $715,000 +25.4%
    Commercial (general) $645,000 +13.3%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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