364 Longs Pond Rd Lexington, SC 29073

This exceptional 12,000-square-foot Class A shopping center in Lexington, South Carolina, presents a compelling investment opportunity. Boasting a 100% occupancy rate with five diverse tenants, including a gym and restaurant, this stabilized property generates a current NOI of $136,513, representing a 4.88% cap rate. The pro-forma NOI is projected at $168,000, yielding a 6.00% cap rate. Built in 2010, the single-story building sits on a 1.63-acre lot with ample parking (60 spaces). The property features a lease type of NNN, with rent bumps in place. The asking price is $2,800,000, translating to $233.33 per square foot. Located at 364 Longs Pond Rd, Lexington, SC 29073, this prime retail location benefits from its proximity to I-20's exit 51, within a rapidly expanding residential and commercial area. An end-cap drive-through is available, and awnings are scheduled for replacement in the fourth quarter. The property is offered as a 1031 exchange opportunity. This is an ideal investment for those seeking strong cash flow and significant upside potential in a high-growth market. The property's multi-tenant structure and flexible space provide long-term stability and future development possibilities. The APN is 006400-04-051.