129 Magnolia Vlg Pkwy Orangeburg, SC 29116

This exceptional investment opportunity presents a brand-new, 3,525 square foot retail property in Orangeburg, South Carolina. The property, situated on a 0.97-acre lot at 129 & 131 Magnolia Village Pkwy (zip code 29116), boasts a strong tenant lineup featuring a Chipotle and a Tropical Smoothie Cafe. Built in 2024, this multi-tenant building benefits from a 5.75% cap rate and a substantial net operating income (NOI) of $172,500. The property enjoys a prime location shadow-anchored to a top-performing Walmart Supercenter and situated across from Lowe's Home Improvement, on a major retail thoroughfare (US Hwy 178) with a high volume of daily traffic (30,023 VPD). Further enhancing its appeal, the property is adjacent to Mavis Tires & Brakes and near a US Department of Veterans Affairs Clinic. The strong demographics are underscored by an average household income of $83,583 within a one-mile radius. Both tenants are operating under 10-year net leases, providing long-term stability and predictable cash flow. The lease agreements include corporate (Chipotle) and personal (Tropical Smoothie) guarantees, with tenants responsible for CAM, taxes, insurance, and HVAC. The landlord's responsibilities are limited to roof and structure maintenance, covered by a manufacturer's warranty. Rent increases are built into the leases every five years, ensuring future income growth. This property represents a compelling investment in a thriving retail corridor within the rapidly expanding 62-acre Magnolia Village mixed-use development.