2385 Walmart Blvd Sumter, SC 29150
This exceptional 10,539 square foot retail property, located at 2385 Walmart Boulevard in Sumter, South Carolina, presents a lucrative investment opportunity. Situated on a 2.01-acre lot, this mixed-use property, previously a restaurant, offers a versatile space suitable for various hospitality or retail ventures. The property boasts a prominent location in Sumter's most active retail corridor, directly adjacent to Sumter Town Center and positioned as an outparcel to a Walmart Supercenter, ensuring high visibility and substantial foot traffic. The property's zoning is Planned Development, allowing for a range of potential uses. The building, constructed in 2022, benefits from recent renovations in the surrounding area, including the Gateway Plaza development which houses Ross, 5 Below, and Ulta. The site enjoys an average annual daily traffic count (AADT) of 26,400 vehicles, further emphasizing its strategic location. The strong local economy is bolstered by the significant economic impact of Shaw Air Force Base, contributing $1.5 billion annually. A substantial population of 57,563 residents resides within a 5-mile radius, providing a large potential customer base. The asking price is $3,200,000, and the lease type is NNN. This property is a rare opportunity to acquire a high-performing retail space in a thriving South Carolina market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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