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Property profile & analytics
FOR LEASE
Strip malls

918 N Lake Dr Lexington, SC 29072

64,281 SF 11.71 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US77-1379372
Property summary
AI-generated overview

Lexington Towne Centre offers a prime retail opportunity in Lexington, South Carolina. This 131,809 square foot shopping center is anchored by Food Lion, Books-A-Million, and Big Air, ensuring high visibility and consistent foot traffic. Currently, 3,775 square feet of retail space is available, representing a minimum divisible unit size. The maximum contiguous space available is also 3,775 square feet, ideal for a single tenant seeking a prominent location. The center boasts a total of 15 suites, providing a diverse mix of tenants and a vibrant atmosphere. Situated on 12 acres of land at the intersection of Sunset Blvd and N Lake Dr, this location benefits from excellent accessibility and visibility in a rapidly growing area of the Columbia metro region. The property's strategic location extends its reach to the substantial residential population surrounding Lake Murray, providing a wide and established customer base. This opportunity is perfect for businesses seeking a well-established location within a thriving retail environment. The property's size and location make it an attractive option for a variety of retail uses, including those listed in the property subtype: Shopping Center, Office, Retail, Salon, and Massage.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 64,281 SF
Lot 11.71 ac (510,088 SF)
Zoning code GC
APN 004300-02-026
UPID US77-1379372
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
  • Food Lion Grocery & Convenience Store Food Market
  • HOTWORX- Lexington, SC Gym & Fitness Center
  • Blue Rhino Propane Exchange Propane Supplier
  • Western Union Bank Credit Union
  • Coinstar Kiosk | Bitcoin ATM Kiosk Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.26M
Comparable Approach Comparable
$10.49M
Blend (final) Blend
$14.21M
Owner & transaction history
Evp Ltc LLC · 2 yrs held
Evp Ltc LLC
since 2024
Last sale
$16.1M
6 recorded transactions
2024
$16.1M
2018
$500
2018
$12.6M
2013
$7.4M
2009
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare

Zone name General Commercial
General category COMMERCIAL
Zone area 1,717.97 ac
Source Realmo
Top alternative use upside
Auto repair, garage $15.6M +128.7%
Restaurant $15.5M +126.2%
Medical building $13.6M +99.7%
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More about this property
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