Shopping Strip
Shoppes of Walterboro
2098 Bells Hwy, Walterboro, SC 29488
Listing Price: $10,250,000
Investment Overview
About 53,000 Square Feet Shoppes of Walterboro, is a Wal-Mart Shadow Anchored Center offered at $192 price per square foot. The asset has a phenomenal visibility along Interstate 95, which sees over 50,000 vehicles daily. Prime Liquors and Five Below have recently signed 10-year leases. An optical outfit is negotiating 10-year lease for 3,200 SF, which will require Game Stop to move to the only remaining 1,600 SF vacant. The Center could be fully leased with three 10-year leases in a matter of time, ushering in long term cash flow with built in increases. With new roof, resurfaced parking lot, freshly painted green awning for Dollar Tree and blue for Five Below, the Center for all practical purposes is a new property.
Shoppes of Walterboro
Investment Highlights
- 53k SF Walmart Shadow Center in Walterboro with new roof and awnings, resurfaced parking lot
- 3 new tenants with 10-year leases taking up 33% of the space
- 51% of the GL A has same tenants since 2007, 71% are national and regional tenants
- High synergy with Walmart, Murphy's USA gas station, a ten-station Tesla Charging Station, and a diverse mix of tenants
- Highly visible on I-95 with 50,000 vehicles per day located in the middle of the triangle formed by Savannah, Columbia and Charleston (50 miles)
Exclusively Listed By
Broker of Record
Listing Price: $10,250,000
Investment Highlights
- 53k SF Walmart Shadow Center in Walterboro with new roof and awnings, resurfaced parking lot
- 3 new tenants with 10-year leases taking up 33% of the space
- 51% of the GL A has same tenants since 2007, 71% are national and regional tenants
- High synergy with Walmart, Murphy's USA gas station, a ten-station Tesla Charging Station, and a diverse mix of tenants
- Highly visible on I-95 with 50,000 vehicles per day located in the middle of the triangle formed by Savannah, Columbia and Charleston (50 miles)
Investment Overview
About 53,000 Square Feet Shoppes of Walterboro, is a Wal-Mart Shadow Anchored Center offered at $192 price per square foot. The asset has a phenomenal visibility along Interstate 95, which sees over 50,000 vehicles daily. Prime Liquors and Five Below have recently signed 10-year leases. An optical outfit is negotiating 10-year lease for 3,200 SF, which will require Game Stop to move to the only remaining 1,600 SF vacant. The Center could be fully leased with three 10-year leases in a matter of time, ushering in long term cash flow with built in increases. With new roof, resurfaced parking lot, freshly painted green awning for Dollar Tree and blue for Five Below, the Center for all practical purposes is a new property.
Exclusively Listed By
Broker of Record
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