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Property profile & analytics
FOR LEASE
Outlet malls

3581 Richland Ave West Aiken, SC 29801

219,540 SF 32.29 ac lot Built 2007
Entity Owned 18-yr Hold Free & Clear
Property ID
US77-1273928
Property summary
AI-generated overview

The Shoppes at Richland, a thriving 195,716 square foot shopping center in Aiken County, offers an exceptional opportunity for businesses seeking high-visibility retail space. This Walmart-anchored center boasts 153,100 square feet of inline retail space, complemented by three successful outparcels occupied by Murphy Oil, Mavis Tire, and Lulu's Car Wash. Currently, only two inline spaces remain available, each measuring 1,600 square feet. These units are ideal for a variety of businesses, offering excellent exposure to a substantial customer base. The center enjoys a strong tenant mix, including CPR Cell Phone Repair, Benchmark Physical Therapy, Shoe Department, Maurice's, Dollar Tree, Tokyo Grill, GameStop, Firehouse Subs, GNC, Verizon, and Great Clips, ensuring consistent foot traffic and a vibrant atmosphere. The property sits on a 1.82-acre lot and offers a minimum divisible space of 1,600 square feet, with a maximum contiguous space also of 1,600 square feet. A total of 3,200 square feet of vacant space is currently available for lease. This is a rare opportunity to secure a prime location within a well-established and successful shopping center.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 219,540 SF
Lot 32.29 ac (1,406,552 SF)
APN 088-07-04-005
UPID US77-1273928
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
  • Walmart Supercenter Electronics & Wireless Store
  • Da-Vi Nails Nail Salon
  • SmartStyle Hair Salon Barber Shop
  • Walmart Garden Center Garden Center
  • Jackson Hewitt Tax Service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.54M
Blend (final) Blend
$16.64M
Owner & transaction history
WAL MART STORES EAST
WAL MART STORES EAST
Zoning & alternative use
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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