Investment Overview

CAMDEN SQUARE • Camden Square is a 69,661 square feet retail offering in the Columbia, SC MSA • The center completed an entire renovation in 2021 and features all new tenants • 71% of the center is anchored by Ollie’s Bargain Outlet & 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 • Priced well below replacement cost 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 NEW TENANTS | LONG-TERM LEASES • Camden Square has a new lineup of tenants and is anchored by Ollies Bargain Outlet, who is on lease until 2029 • 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 515 locations • Camden Square’s second anchor is a new Planet Fitness, who is on a 10-Year lease with 7 years remaining • Planet Fitness is guaranteed by Furlong Fitness, a 10 Unit Operator • This Planet Fitness is the #1 most visited gym in Camden (15-Mile Radius) STRATEGIC RETAIL LOCATION | STRONG FUNDAMENTALS • Well-located at signaled intersection in the heart of Camden (34,200 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 attendance of 71,000+ • Camden is located 35 Miles Northeast of Columbia, SC and is p art of the Columbia MSA. • Columbia is the capital and largest 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 34,731 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.