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Property profile & analytics
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
$2.45M
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
Price N/A
Zoning & alternative use
ID · Lexington, SC
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?”
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