7467 St Andrews RdIrmo, SC 29063

Property Details for 7467 St Andrews Rd

Year built

1980

Lot size

13.80 AC

Property size (Sq ft)

99,384 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional 99,384 square foot retail property in Irmo, South Carolina, presents a compelling investment opportunity. The center boasts a strong anchor tenant in Kroger, the largest pure-play grocer in the U.S., which recently exercised its option, demonstrating long-term commitment. With 17 tenants, including Pet Supplies Plus and Orangetheory Fitness, the property enjoys a 96% occupancy rate and a substantial net operating income (NOI) of $1,226,000. Built in 1980, this two-building, single-story center sits on 13.8 acres and features 19 units. Kroger's strong sales, exceeding $49 million ($850+ per square foot), and its position as a top 3% grocer in South Carolina, along with high traffic rankings, underscore the property's exceptional performance. The center benefits from its prime location in Lexington County, a high-income suburb of the Columbia market, and its proximity to Irmo Elementary School. Two vacant units offer immediate upside potential through lease-up, while below-market rents on smaller shops provide near-term NOI growth opportunities. This grocery-anchored asset combines stability with significant value-add potential, making it a rare and attractive investment in one of the fastest-growing states in the U.S. High barriers to entry due to a lack of suitable sites further enhance its desirability.

Location Insight

City

Irmo

County

Lexington

State

South Carolina

Latitude

34.086

Longitude

-81.1856

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@paperhouses.co and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.