CALL US

Tony D'Ambrosio: (404) 574-1048 

Joe Montgomery: (404) 574-1029

EMAIL US

2019 Copyright - Southeast Retail Investment Sales team

LEXINGTON VILLAGE

205 Columbia Ave. | Lexington, SC 29072 

Square Footage: ± 30,764 

Year Built: 1988

  • Excellent location at very high traffic “Main & Main” corner with combined 34,000 vehicles per day. 

  • Strong visibility and ample exposure with multiple ingress/egress points. 

  • Superior demographics: Located within the thriving Columbia MSA, boasting a 245,400 population and $96,000 Average Household     Income within a 10-mile radius.

  • 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.

  • Stable, E-Commerce Proof tenant base: 40% of tenants have occupied for 10+ years.

  • High occupancy: Internet-resistant uses: service, restaurants, salon, hair & nails, food take out/delivery.

  • Conservative rents in a tight submarket offer solid future upside without downside risk.

  • NNN expense structure & annual rent bumps ensure profitability.

  • Recent Improvements to roof and parking lot limit capex exposure.

     

Acreage: ± 3.2

Occupancy: 95%