5551 Sunset BlvdLexington, SC 29072

Property Details for 5551 Sunset Blvd

Year built

1994

Lot size

0.59 AC

Property size (Sq ft)

5,561 SF

Zone code

GC

Property type

Office properties

Property subtype

Office buildings

APN

004300-03-086

APU

430003086

Description

This exceptional 1-story, 5,341 square foot retail building in Lexington, SC, offers a prime 1,972 square foot lease opportunity. Located at 5551 Sunset Blvd, this single-tenant space boasts a high traffic count and is ideally suited for medical, retail, or flex uses. The building underwent renovations in 2023 and features ample parking with 20 spaces available on a 0.59-acre lot. The property benefits from a strong anchor tenant, a recently renewed dental practice, and enjoys exceptional visibility due to its proximity to high-traffic businesses such as Starbucks, Chick-fil-A, and Walmart. Previously occupied by a cell phone repair business until July 2024, this space presents a blank canvas for a variety of businesses. The property is also available for purchase. The property's APN is 004300-03-086 and is situated in the Lexington SC submarket of Lexington County.

• CAP approach

  CAP return

  Valuation

  6%

  $836,333

  6.5%

  $772,000

  7%

  $716,857

• Comparable approach

  Method

  Valuation

  Relative Method

  $406,901

  Geo Method

  $941,700

• Alternative Use

  Use

  Valuation

  Residential

  $957,280

  Hospitality

  $876,863

  Educational

  $729,540

  Medical

  $754,630

  Retail

  $1,134,840

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.996

Longitude

-81.2226

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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