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    FOR LEASE
    Strip malls

    4360 Augusta Rd, Lexington, SC 29073

    42,842 SF 6.47 ac lot Built 1996
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US77-1137137
    Property summary
    AI-generated overview

    This exceptional 42,845 square foot shopping center, situated on 6.47 acres in Lexington County's Columbia Metro submarket, presents a compelling investment opportunity. Anchored by new Family Dollar and Dollar Tree stores, the center boasts a diverse tenant mix including Subway, Cost Cutters, Chen's Chinese Restaurant, and 7 Mares Mexican Restaurant, among others. Its prime location on US Highway #1 (Augusta Rd.), between the I-20 and I-26 interchanges, ensures exceptional visibility and accessibility. A 2023 traffic count of 30,400 vehicles per day (Station 125) underscores the high traffic volume. The property offers approximately 50 feet of frontage with pylon signage opportunities. Strategic outparcel opportunities are also available. Nearby national retailers such as McDonald's, Advance Auto, Exxon, Lowe's, Aldi, Big Lots, Burger King, Wendy's, Dollar General, and Popeye's further enhance the center's desirability and draw significant customer traffic. The current lease rate is $12.00 per square foot, NNN. This well-established center provides a strong foundation for future growth and profitability. The single-tenant building is 8,509 square feet.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1996
    Total area 42,842 SF
    Lot 6.47 ac (281,833 SF)
    Zoning code ID
    APN 005626-08-007
    UPID US77-1137137
    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
    • Chen's Chinese Restaurant Restaurant
    • Subway Take-out & Catering Catering Service
    • Dollar Tree Discount Store
    • Family Dollar Discount Store
    • Abc Package Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.65M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.02M
    Blend (final) Blend
    $2.62M
    Owner & transaction history
    4360 Augusta Road LLC · 2 yrs held
    4360 Augusta Road LLC
    since 2023
    Last sale
    $2.7M
    3 recorded transactions
    2023
    $2.7M
    2020
    $2.2M
    1969
    Zoning & alternative use
    ID · Lexington, SC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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