LEXINGTON VILLAGE
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205 Columbia Ave. | Lexington, SC 29072
Square Footage: ± 30,764
Year Built: 1988
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Excellent location at very high traffic “Main & Main” corner with combined 34,000 vehicles per day.
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Strong visibility and ample exposure with multiple ingress/egress points.
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Superior demographics: Located within the thriving Columbia MSA, boasting a 245,400 population and $96,000 Average Household Income within a 10-mile radius.
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Dynamic area: Lexington/Lake Murray, SC is projected to enjoy a 7% residential growth rate during 2018-2023 and is located within the vibrant commercial hub serving Lake Murray.
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Stable, E-Commerce Proof tenant base: 40% of tenants have occupied for 10+ years.
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High occupancy: Internet-resistant uses: service, restaurants, salon, hair & nails, food take out/delivery.
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Conservative rents in a tight submarket offer solid future upside without downside risk.
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NNN expense structure & annual rent bumps ensure profitability.
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Recent Improvements to roof and parking lot limit capex exposure.
Acreage: ± 3.2
Occupancy: 95%