Shopping Strip
Mallard Lake Center
5483 Sunset Blvd, Lexington, SC 29072
Listing Price: $2,425,000
Cap Rate
7.00%
Gross SF
15,648
Rentable SF
15,648
Price/Gross SF
$154.97
Lot Size
0.84 acres
Year Built
1999
Investment Overview
Marcus & Millichap is pleased to present for sale Mallard Lake Center located in Lexington, South Carolina.
Mallard Lake Center
Investment Highlights
- 15,648 Square Foot Retail Center
- Tenants Paying Modest Rents and Pass Throughs | Current Average Rents Well Below Market
- Excellent Value Opportunity | Offered at $155 Per Square Foot | Priced Well Below Replacement Cost
- Attractive and Easy to Manage Floorplan | All Suites are the Same Size
- Suite Sizes = 1,304 Square Feet (12 Suites Total)
- Six (6) New Leases Executed Since May 2022 | New Leases are NNN
- Inf ill Location in Desirable High Growth Market of Lexington, South Carolina (Columbia MSA)
Listing Price: $2,425,000
Cap Rate
7.00%
Gross SF
15,648
Rentable SF
15,648
Price/Gross SF
$154.97
Lot Size
0.84 acres
Year Built
1999
Investment Highlights
- 15,648 Square Foot Retail Center
- Tenants Paying Modest Rents and Pass Throughs | Current Average Rents Well Below Market
- Excellent Value Opportunity | Offered at $155 Per Square Foot | Priced Well Below Replacement Cost
- Attractive and Easy to Manage Floorplan | All Suites are the Same Size
- Suite Sizes = 1,304 Square Feet (12 Suites Total)
- Six (6) New Leases Executed Since May 2022 | New Leases are NNN
- Inf ill Location in Desirable High Growth Market of Lexington, South Carolina (Columbia MSA)
Investment Overview
Marcus & Millichap is pleased to present for sale Mallard Lake Center located in Lexington, South Carolina.
