Shopping Regional
Camden Square
1023 Wylie St, Camden, SC 29020
Listing Price: $6,955,000
Investment Overview
CAMDEN SQUARE • Camden Square is a 71,120 SF retail offering in the Columbia, SC MSA • The center completed an entire renovation in 2021 and features all new tenants • 35% of the center is anchored by Ollie’s Bargain Outlet & Corporate Planet Fitness • Camden Square offers an investor the rare opportunity to acquire a Class-A regional shopping center with national credit tenants on long term leases in a growing South Carolina market NEW RENOVATIONS • Camden Square is a retrofit of a former BI-LO anchored shopping center originally built in 1981 • The shell structure was stripped down to walls & Ollie’s Roof and was built from there. • The renovation features a brand-new façade, HVAC, Parking Lot, & Roof (BI-LO roof is original, good condition) • In addition to this, the property features an entirely new electrical system, utilities, water lines, fire lines, and sewer lateral • A total of 3.6M was spent in renovating the center, making it virtually new construction (See details on ne xt page) NEW TENANTS | LONG-TERM LEASES • Camden Square has a new lineup of tenants and is anchored by Ollies Bargain Outlet, who is on a fresh 5-year lease • Ollies Bargain Outlet, one of America’s largest retailers of closeout merchandise and excess inventory stores operating since 1982, is a corporately guaranteed lease that is backed by 407 locations • In 2022, this Ollie’s location has ranked 15/391 of registered Ollie’s locations in Placer.ai (Top 4% of all locations) • Camden Square’s second anchor is a new Planet Fitness, who is on a new 10-Year lease • Planet Fitness is guaranteed by Furlong Fitness, a 10 Unit Operator • Weighted Average Lease Term of Camden Square | 6.25 Years STRATEGIC RETAIL LOCATION | STRONG FUNDAMENTALS • Well-located at signaled intersection in the heart of Camden (30,600 VPD). • Excellent Frontage, visibility, and ease of access into the shopping center • Limited Retail Competition • This center ranks as one of the most visited shopping centers in the market CAMDEN, SC | COLUMBIA MSA • Camden is the largest city and country seat of Kershaw County and is the oldest inland city in South Carolina • Camden is home to the Carolina Cup, an annual steeplechase horse race that has an annual at tendance of 71,000+ • Camden is located 35 Miles Northeast of Columbia, SC and is part of the Columbia MSA. • Columbia is the capital and lar gest city in the state of South Carolina with a population of over 800,000. • Columbia’s airport serves 1.5 million passengers a year with flights to all major East Coast Markets. • 14 Fortune 500 Companies contribute to Columbia’s $31.97 Billion GDP. • Columbia is home to the University of South Carolina with a 30,000 student enrollment. • Columbia is home to Fort Jackson, the largest and most active initial entry training center in the U.S. Army which trains 60,000 soldiers annually.
Investment Highlights
- $3M+ Renovation In 2021
- Brand New Ollie's & Planet Fitness Leases
- $7.19 AVG. Rent/SF
- WALT 6.25 Years
- Columbia, SC MSA
- Top Visited Center In The Market
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,955,000
Investment Highlights
- $3M+ Renovation In 2021
- Brand New Ollie's & Planet Fitness Leases
- $7.19 AVG. Rent/SF
- WALT 6.25 Years
- Columbia, SC MSA
- Top Visited Center In The Market
Investment Overview
CAMDEN SQUARE • Camden Square is a 71,120 SF retail offering in the Columbia, SC MSA • The center completed an entire renovation in 2021 and features all new tenants • 35% of the center is anchored by Ollie’s Bargain Outlet & Corporate Planet Fitness • Camden Square offers an investor the rare opportunity to acquire a Class-A regional shopping center with national credit tenants on long term leases in a growing South Carolina market NEW RENOVATIONS • Camden Square is a retrofit of a former BI-LO anchored shopping center originally built in 1981 • The shell structure was stripped down to walls & Ollie’s Roof and was built from there. • The renovation features a brand-new façade, HVAC, Parking Lot, & Roof (BI-LO roof is original, good condition) • In addition to this, the property features an entirely new electrical system, utilities, water lines, fire lines, and sewer lateral • A total of 3.6M was spent in renovating the center, making it virtually new construction (See details on ne xt page) NEW TENANTS | LONG-TERM LEASES • Camden Square has a new lineup of tenants and is anchored by Ollies Bargain Outlet, who is on a fresh 5-year lease • Ollies Bargain Outlet, one of America’s largest retailers of closeout merchandise and excess inventory stores operating since 1982, is a corporately guaranteed lease that is backed by 407 locations • In 2022, this Ollie’s location has ranked 15/391 of registered Ollie’s locations in Placer.ai (Top 4% of all locations) • Camden Square’s second anchor is a new Planet Fitness, who is on a new 10-Year lease • Planet Fitness is guaranteed by Furlong Fitness, a 10 Unit Operator • Weighted Average Lease Term of Camden Square | 6.25 Years STRATEGIC RETAIL LOCATION | STRONG FUNDAMENTALS • Well-located at signaled intersection in the heart of Camden (30,600 VPD). • Excellent Frontage, visibility, and ease of access into the shopping center • Limited Retail Competition • This center ranks as one of the most visited shopping centers in the market CAMDEN, SC | COLUMBIA MSA • Camden is the largest city and country seat of Kershaw County and is the oldest inland city in South Carolina • Camden is home to the Carolina Cup, an annual steeplechase horse race that has an annual at tendance of 71,000+ • Camden is located 35 Miles Northeast of Columbia, SC and is part of the Columbia MSA. • Columbia is the capital and lar gest city in the state of South Carolina with a population of over 800,000. • Columbia’s airport serves 1.5 million passengers a year with flights to all major East Coast Markets. • 14 Fortune 500 Companies contribute to Columbia’s $31.97 Billion GDP. • Columbia is home to the University of South Carolina with a 30,000 student enrollment. • Columbia is home to Fort Jackson, the largest and most active initial entry training center in the U.S. Army which trains 60,000 soldiers annually.
Exclusively Listed By
Broker of Record
Financing By

