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    5135 Sunset Blvd Lexington, SC 29072
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    Property profile & analytics

    5135 Sunset Blvd Lexington, SC 29072


    • Community centers
    • 85,600 SF
    • 22.08 lot acres
    Lexington Pavilion Retail Center For Lease
    $8,545,000

    Lexington Pavilion Retail Center

    Target-anchored shopping center in Lexington, SC with national tenants.

    5135 Sunset Blvd, Lexington, SC 29072
    View Listing
    Property ID
    US77-1232673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lane Bryant / Clothing & Fashion Store
    • Salsarita's Fresh Mexican Grill / Take-out & Catering / Catering Service
    • Crumbl - Lexington / Bakery / Specialty Food Shop
    • HandPicked / (Bike/Boat/Book/etc) Store
    • America's Best Contacts & Eyeglasses / Optician / Sunglasses Store

    Property Details for 5135 Sunset Blvd

    Year built
    2007
    Lot size
    22.08 lot acres
    Property size
    85,600 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    004496-02-123
    APU
    449602123

    Description

    Lexington Pavilion, a 114,088 square foot retail community center, presents a unique investment opportunity. Located at 5135 Sunset Blvd, Lexington, SC 29072, this property boasts a prime location on a high-traffic corridor with over 41,000 cars daily. Built in 2006, the center features 767 parking spaces and benefits from a signalized entrance on Sunset Blvd, ensuring easy accessibility. Currently, the entire 114,089 square feet is vacant, offering significant potential for redevelopment or lease. The center is strategically positioned less than 3 miles from I-20 and downtown Lexington, within the rapidly growing Columbia, SC MSA. Lexington, SC has experienced nearly a 10% population increase in the last three years. The property is shadow-anchored by Target and includes a strong tenant mix of national and regional brands such as Best Buy, PetSmart, World Market, Kay Jewelers, Fab’rik, Chicken Salad Chick, Lane Bryant, Salsarita's, and Five Guys Burgers & Fries. This location benefits from the presence of numerous national and international companies in Lexington, including Amazon, US Foods, and others. The property's size, location, and existing tenant base make it an attractive proposition for investors seeking a high-growth market. The significant vacancy presents a blank canvas for a new vision.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,733,000
      Market price range: $4.03M - $14.0M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $9,100,000
      Current use
      COMMERCIAL (GENERAL)
      $14,175,000
      Change: +56% Conversion: Easy
      OFFICE BUILDING
      $12,160,000
      Change: +34% Conversion: Moderate
      RETAIL STORES
      $9,695,000
      Change: +7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1958
    Latitude
    34.0053
    CBSA code
    17900
    CBSA name
    COLUMBIA, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $310,939
    $198,099
    $402,651
    $600,750
    -
    $3,301,650
    $6,710,850
    $10,012,500
    View Listing
    More about this property
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