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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.

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)

Exclusively Listed By

Financing By

Shopping Strip

Mallard Lake Center

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.

Exclusively Listed By

Financing By

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