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5135 Sunset BlvdLexington, SC 29072

Target-shadowed shopping center in Lexington, SC

Overview

Added:
Dec 11, 2024
Days on market:
115
Lexington Pavilion, a 114,088 square foot retail community center, presents a unique investment opportunity. Located at 5135 Sunset Blvd, Lexington, SC 29072, this property boasts a prime location on a high-traffic corridor with over 41,000 cars daily. Built in 2006, the center features 767 parking spaces and benefits from a signalized entrance on Sunset Blvd, ensuring easy accessibility. Currently, the entire 114,089 square feet is vacant, offering significant potential for redevelopment or lease. The center is strategically positioned less than 3 miles from I-20 and downtown Lexington, within the rapidly growing Columbia, SC MSA. Lexington, SC has experienced nearly a 10% population increase in the last three years. The property is shadow-anchored by Target and includes a strong tenant mix of national and regional brands such as Best Buy, PetSmart, World Market, Kay Jewelers, Fab’rik, Chicken Salad Chick, Lane Bryant, Salsarita's, and Five Guys Burgers & Fries. This location benefits from the presence of numerous national and international companies in Lexington, including Amazon, US Foods, and others. The property's size, location, and existing tenant base make it an attractive proposition for investors seeking a high-growth market. The significant vacancy presents a blank canvas for a new vision.

Highlights

  • Shadow-anchored by Target, Best Buy, PetSmart, and World Market.
  • Strong tenant mix including Fab’rik, Lane Bryant, Five Guys, and Sport Clips.
  • Ample parking with a 6.72/1,000 SF ratio.
  • Built in 2006, offering 114,088 square feet of gross leasable area (GLA).
  • High visibility location with 41,700 vehicles per day (VPD) on Sunset Boulevard.

Property Details for 5135 Sunset Blvd

Property type
Community centers, Retail properties
RSF (Rentable sq. ft)
114,088 SF
Year Built
2006

Unit(s) available at that property

Space
Suite 70
Size
1,605 SF
Space
Suite 220
Size
770 SF
Space
Suite 260
Size
3,752 SF

Location Insight

City
Lexington
County
Lexington
State
South Carolina
Latitude
34.006247501075
Longitude
-81.19483634327
5135 Sunset Blvd, Lexington, South Carolina

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5135 Sunset Blvd
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