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Property profile & analytics
FOR LEASE
Strip malls

404 E Martintown Rd North Augusta, SC 29841

22,182 SF 3.4 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US77-1598255
404 E Martintown Rd, North Augusta, SC 29841 For Lease
Contact for pricing 15,000 SF available
404 E Martintown Rd, North Augusta, SC 29841
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Property summary
AI-generated overview

This exceptional 70,000 square foot Class B neighborhood retail center, located at 404 E Martintown Rd, North Augusta, SC 29841 (APN: 007-11-05-050, 007-11-05-049), presents a prime opportunity for businesses seeking high-visibility locations. Currently boasting a strong tenant mix including Tires Plus, Great Clips, Metro Mobile, Republic Finance, Regional Finance, Sunrise Grill, and Burger King, the center offers immediate access to a thriving market. With 2,000 square feet of vacant space currently available, along with larger spaces ranging up to 32,600 square feet, this property caters to a variety of business needs. The center benefits from its strategic location in North Augusta's main retail hub, enjoying high traffic counts on E Martintown Road (21,400 vehicles per day) and Knox Avenue (16,000 vehicles per day). Its excellent visibility and accessibility make it an ideal location for businesses seeking to tap into the significant shopping activity within this trade area, which serves a substantial portion of North Augusta's retail needs. Opportunities exist for both retail spaces and outparcel leases. The property includes space suitable for an anchor tenant and a junior anchor tenant. This is a rare chance to secure a space in a well-established, high-traffic retail center in a rapidly growing area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,182 SF
Lot 3.4 ac (148,104 SF)
APN 007-11-05-049
UPID US77-1598255
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
  • Sunrise Grill Restaurant
  • Regional Finance Loan Service
  • Tires Plus (Bike/Boat/Book/etc) Store Auto Parts Store
  • Metro by T-Mobile Telecommunications Service
  • Jimmy's Home Furnishings Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$990k
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.12M
Owner & transaction history
Henbell Mcdonough Hft LLC · 6 yrs held
Henbell Mcdonough Hft LLC
since 2019
2 recorded transactions
2019
$3.1M
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.7M +129.8%
Retail stores $1.4M +93.8%
Warehouse, storage $1.3M +70.4%
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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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