1788 Lake DrLexington, SC 29073

Property Details for 1788 Lake Dr

Year built

2007

Lot size

4.93 AC

Property size (Sq ft)

5,355 SF

Property type

Community centers

APN

007600-04-119

APU

760004119

Description

This exceptional retail opportunity is located within the thriving Shoppes at White Knoll shopping center in Lexington, South Carolina. The center boasts a total of 203,819 square feet and is anchored by a Walmart. This prime location offers excellent visibility and accessibility, situated at 1788 & 1792 South Lake Drive, zip code 29073, in Lexington County. Currently, there is only one retail space remaining, measuring 1,200 square feet, perfect for a variety of businesses. The center features a strong tenant mix including established national and local brands such as US Wings & Deli, Sports Clips, Sally Beauty, The UPS Store, Game Stop, Dollar Tree, Little Caesar's Pizza, Highway 55, and Cricket Wireless. This vibrant shopping center benefits from high foot traffic generated by the anchor tenant and diverse range of existing businesses. The property is classified as a multi-tenant shopping center. This is a rare opportunity to secure a space in a well-established and successful retail center in a rapidly growing area of Lexington County, South Carolina. Don't miss out on this chance to establish your business in a high-traffic, convenient location. The available space is part of 40,100 square feet of inline retail space within the larger shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $1,183,868

  6.5%

  $1,092,801

  7%

  $1,014,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $987,407

  Geo Method

  $2,285,176

• Alternative Use

  Use

  Valuation

  Residential

  $921,819

  Hospitality

  $844,381

  Educational

  $702,515

  Medical

  $726,676

  Retail

  $1,092,801

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.9117

Longitude

-81.2275

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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