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Property profile & analytics
FOR LEASE
Strip malls

1812 Augusta Hwy Lexington, SC 29072-1915

4,800 SF 4.55 ac lot Built 2006
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-0757318
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity presents a 34,619-square-foot multi-tenant property in Lexington, South Carolina, boasting a strong 8.00% cap rate and 100% occupancy. The property comprises three single-story buildings, totaling 21 units across a 4.55-acre lot. Built in 2006, it features a diverse tenant mix including restaurants, breweries, salons, and small businesses, all operating under gross leases, presenting significant upside potential through market rent adjustments and lease structure conversions to NNN. The average suite size is 1,730 square feet, with approximately 80% warehouse space and 20% office space, featuring 12-foot ceiling clearances and roll-up doors in the flex-industrial units. This highly visible location on Augusta Highway (US Highway 1), with over 24,000 vehicles passing daily, benefits from its proximity to Lexington High School, downtown Lexington, Interstate 20, and the Columbia Metropolitan Airport (CAE). The area is experiencing significant growth, with new housing developments and retail establishments such as Publix, Lowe's Foods, Walgreens, Starbucks, and McDonald's nearby. The asking price is $3,400,000, translating to $98.21 per square foot. This property offers a compelling combination of stable income, significant upside potential, and a prime location in a thriving market. The property's strong tenant base and lack of renewal options provide a clear path to increased profitability.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 4,800 SF
Lot 4.55 ac (198,198 SF)
Zoning code ID
APN 004200-03-013
UPID US77-0757318
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
  • American National-Davis Insurance Insurance Agency
  • Fortress Martial Arts and Fitness Training Center Sports School
  • Lexington Antiques & Home Decor Home Decor Store (Bike/Boat/Book/etc) Store
  • Charlette’s Cuts & More Hair Salon Nail Salon
  • U-Haul Neighborhood Dealer Car Rental Facility
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
Kidron Partners 1812 LLC · 1 yrs held
Kidron Partners 1812 LLC
since 2025
Last sale
$3.0M
7 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$3.0M
2025
Price N/A
2022
Price N/A
2019
$2.4M
2017
Price N/A
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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