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    Property profile & analytics
    FOR LEASE
    Grocery and convenience stores

    3353 Highway 72 221 E, Greenwood, SC 29649

    37,846 SF 8 ac lot Built 2004
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US77-1621575
    Property summary
    AI-generated overview

    Lake Greenwood Crossing, located at 3353 Hwy 72 221 E in Greenwood, South Carolina (zip code 29649), offers a prime retail opportunity. This multi-tenant retail center boasts a total of 43,618 square feet, with one space currently available ranging from 1 to 33,218 square feet, providing flexibility for various business needs. Strategically situated at the busy intersection of Highway 72/221 and SC Hwy 46, the center benefits from high daily traffic volume. The property is experiencing increased demand due to substantial population growth in the Lake Greenwood area, transforming the trade zone from rural to suburban. This growth is reflected in the center's impressive 4.37 visit frequency, indicating strong customer loyalty and consistent traffic. The center is anchored by the successful KJ's Market, providing a strong draw for shoppers seeking convenience and a variety of goods and services. This location presents a unique opportunity for businesses to capitalize on the thriving retail environment and growing community of Lake Greenwood. Greenwood County is the location of this property. The property is classified as Retail.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2004
    Total area 37,846 SF
    Lot 8 ac (348,480 SF)
    APN 6878-045-385
    UPID US77-1621575
    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
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • KJ's Market Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.04M
    Blend (final) Blend
    $3.05M
    Owner & transaction history
    Whlr-lake Greenwood Crossing L · 10 yrs held
    Whlr-lake Greenwood Crossing L
    since 2016
    4 recorded transactions
    2022
    2018
    2017
    2016
    $4.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.9M +31.9%
    Commercial (general) $2.7M +21.5%
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    More about this property
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