Shopping Regional
Keowee Towne Center
15740 SC-11, Salem, SC 29676
Listing Price: $3,150,000
Investment Overview
* 100% occupied 18,653 SF shopping center located on prestigious Lake Keowee
* Priced well below replacement cost at only $168/SF
* The property serves several high-end luxury communities such as: The Cliffs at Keowee Falls (2,500 acre gated community with 195+ homes ranging from $1M-$6M), The Cliffs at Keowee Vineyards (2,400 acre gated community featuring a Tom Fazio designed golf course with 600+ homes ranging from $800K-$5.9M), The Reserve at Lake Keowee (3.900 acre gated community featuring a Jack Nicklaus signature golf course with 380+ homes ranging from $1M-$8.7M), and The Cliffs at Keowee Springs (1,600 acre gated community featuring a Tom Fazio designed golf course with 92+ homes ranging from $1.3M-7M)
* Total of four state of the art buildings featuring tenants such as: Crave Market & Kitchen (8,388 SF), Ace Hardware (4,297 SF), and several medical tenants
* Very conservative rents- average rent of $12.98 over the six tenants
* Percentage rent clauses in Crave Kitchen & Market and Ace Hardware- Crave hit percentage rent in 2025
* Recent capital improvements- owner has invested over $1M in capital improvements over the past 24 months
* Duke Energy’s largest nuclear station (Oconee Nuclear Station) is located on Lake Keowee and is one of the largest nuclear power plants in the Southeast
* Average Household Income over $130,000 within a five-mile radius
Investment Highlights
- 100% occupied 18,653 SF shopping center located on prestigious Lake Keowee
- Priced well below replacement cost at only $168/SF
- Total of four state of the art buildings featuring tenants such as: Crave Market & Kitchen (8,388 SF), Ace Hardware (4,297 SF), and several medical tenants
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas
Listing Price: $3,150,000
Investment Highlights
- 100% occupied 18,653 SF shopping center located on prestigious Lake Keowee
- Priced well below replacement cost at only $168/SF
- Total of four state of the art buildings featuring tenants such as: Crave Market & Kitchen (8,388 SF), Ace Hardware (4,297 SF), and several medical tenants
Investment Overview
* 100% occupied 18,653 SF shopping center located on prestigious Lake Keowee * Priced well below replacement cost at only $168/SF * The property serves several high-end luxury communities such as: The Cliffs at Keowee Falls (2,500 acre gated community with 195+ homes ranging from $1M-$6M), The Cliffs at Keowee Vineyards (2,400 acre gated community featuring a Tom Fazio designed golf course with 600+ homes ranging from $800K-$5.9M), The Reserve at Lake Keowee (3.900 acre gated community featuring a Jack Nicklaus signature golf course with 380+ homes ranging from $1M-$8.7M), and The Cliffs at Keowee Springs (1,600 acre gated community featuring a Tom Fazio designed golf course with 92+ homes ranging from $1.3M-7M) * Total of four state of the art buildings featuring tenants such as: Crave Market & Kitchen (8,388 SF), Ace Hardware (4,297 SF), and several medical tenants * Very conservative rents- average rent of $12.98 over the six tenants * Percentage rent clauses in Crave Kitchen & Market and Ace Hardware- Crave hit percentage rent in 2025 * Recent capital improvements- owner has invested over $1M in capital improvements over the past 24 months * Duke Energy’s largest nuclear station (Oconee Nuclear Station) is located on Lake Keowee and is one of the largest nuclear power plants in the Southeast * Average Household Income over $130,000 within a five-mile radius
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas