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    FOR LEASE
    Strip malls

    1812 Augusta Hwy, Lexington, SC 29072

    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
    by Request
    Comparable Approach Comparable
    by Request
    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
    2025
    2025
    $3.0M
    2025
    2022
    2019
    $2.4M
    2017
    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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