Skip to main content

Shopping Strip

Walmart Shadow Center

141 E Church St, Batesburg-Leesville, SC 29070

Listing Price: $6,620,000

Cap Rate
7.25%
Gross SF
38,080
Rentable SF
38,080
Price/Gross SF
$173.84
Lot Size
5.81 acres
Year Built
2007

Investment Overview

WALMART SUPERCENTER SHADOW CENTER • The property is a 38,080 SF Walmart Supercenter shadow anchored retail center located in the Columbia MSA • This center has a strong history of tenant performance and is fuly stabilized at 100% • The center includes a complementary mix of e-commerce resistant tenants with uses such as medical, service, restaurant, liquor store, & more • National Brands include Dollar Tree, CATO, Hibbett Sports, World Finance, OneMain Financial, H&R Block, Great Clips, & Regional Finance • The center is shadow anchored by a high-performing Walmart since 2002 | Walmart owns the Walmart HISTORY OF STRONG PERFORMANCE • 71% of the GLA is original tenants that have been in occupancy since 2007 • Average Tenant Tenure | 12.40 Years • Leasing Momentum | Each tenant has executed at least 1 option to extend its lease since 2019 LIMITED COMPETITION | DOMINANT RETAIL LOCATION • This shopping center sees 1.7M Annual Visits • Being the only anchored shopping center in town, this center has virtually no competition and is the #1 visited retail center in a 15-mile radius • Center pulls from a 30-Mile Trade Area BATESBURG-LEESVILLE, SC | C OLUMBIA MSA • Batesburg-Leesville is a town in Lexington and Saluda counties & is 36 miles west of Columbia, SC • The town's economic base is on poultry harvesting driven by two large processing plants: Amick Farms and Columbia Farms. These assist in making Lexington County the top poultry producer in the state. • The South Carolina Poultry Festival (formerly the Ridge Poultry Festival) has been held on the sec ond Saturday in May since 1987. The festival features live music, food vendors, craft vendors, a carnival, a parade, and to conclude the event a cake auction and fireworks show. • 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

  • High Performing Walmart Anchor
  • 71% Of GLA Original Tenants (2007)
  • 30-Mile Trade Area
  • No Retail Competition In Market
  • Dominant Retail Location 1.7M Annual Visits
  • Columbia MSA

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Shopping Strip

Walmart Shadow Center

Listing Price: $6,620,000

Cap Rate
7.25%
Gross SF
38,080
Rentable SF
38,080
Price/Gross SF
$173.84
Lot Size
5.81 acres
Year Built
2007

Investment Highlights

  • High Performing Walmart Anchor
  • 71% Of GLA Original Tenants (2007)
  • 30-Mile Trade Area
  • No Retail Competition In Market
  • Dominant Retail Location 1.7M Annual Visits
  • Columbia MSA

Investment Overview

WALMART SUPERCENTER SHADOW CENTER • The property is a 38,080 SF Walmart Supercenter shadow anchored retail center located in the Columbia MSA • This center has a strong history of tenant performance and is fuly stabilized at 100% • The center includes a complementary mix of e-commerce resistant tenants with uses such as medical, service, restaurant, liquor store, & more • National Brands include Dollar Tree, CATO, Hibbett Sports, World Finance, OneMain Financial, H&R Block, Great Clips, & Regional Finance • The center is shadow anchored by a high-performing Walmart since 2002 | Walmart owns the Walmart HISTORY OF STRONG PERFORMANCE • 71% of the GLA is original tenants that have been in occupancy since 2007 • Average Tenant Tenure | 12.40 Years • Leasing Momentum | Each tenant has executed at least 1 option to extend its lease since 2019 LIMITED COMPETITION | DOMINANT RETAIL LOCATION • This shopping center sees 1.7M Annual Visits • Being the only anchored shopping center in town, this center has virtually no competition and is the #1 visited retail center in a 15-mile radius • Center pulls from a 30-Mile Trade Area BATESBURG-LEESVILLE, SC | C OLUMBIA MSA • Batesburg-Leesville is a town in Lexington and Saluda counties & is 36 miles west of Columbia, SC • The town's economic base is on poultry harvesting driven by two large processing plants: Amick Farms and Columbia Farms. These assist in making Lexington County the top poultry producer in the state. • The South Carolina Poultry Festival (formerly the Ridge Poultry Festival) has been held on the sec ond Saturday in May since 1987. The festival features live music, food vendors, craft vendors, a carnival, a parade, and to conclude the event a cake auction and fireworks show. • 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

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

MM Texture Background
MM Textured Background Lower