1625 Main StSummerville, SC 29486

Property Details for 1625 Main St

Year built

2021

Lot size

6.13 AC

Property size (Sq ft)

61,005 SF

Zone code

BERKELEY COUNTY - GC

Property type

Retail properties

Property subtype

Super regional malls

APN

221-16-01-003

APU

2211601003

Description

Sangaree Plaza presents a prime retail investment opportunity in Berkeley County. This multi-tenant center boasts a total of 66,948 square feet and enjoys exceptional visibility and accessibility, located just half a mile from Interstate 26. The property benefits from significant traffic volume, evidenced by an impressive 4.72 average customer visits. Anchored by a Food Lion supermarket, a national leader in the grocery industry, the center also includes a Dollar Tree and other established local businesses, creating a diverse and complementary tenant mix. Available space ranges from 1 square foot to a substantial 47,698 square feet, offering flexibility for a variety of retail concepts. The property's strong existing tenant base and high customer traffic create a compelling opportunity for businesses seeking a high-visibility location with established customer flow. The newly renovated center features superb frontage and remarkable exposure, ensuring maximum visibility for prospective tenants. This is an exceptional chance to secure a space in a thriving retail environment with a proven track record of success. The property's strategic location and strong tenant lineup make it an ideal investment for businesses seeking significant growth potential. Contact us today to learn more about available spaces and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $18,582,394

  6.5%

  $17,152,978

  7%

  $15,927,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,743,603

  Geo Method

  $26,033,078

• Alternative Use

  Use

  Valuation

  Residential

  $14,469,179

  Hospitality

  $13,253,690

  Educational

  $11,026,915

  Medical

  $11,406,147

  Retail

  $17,152,978

Location Insight

City

Summerville

County

Berkeley

State

South Carolina

Latitude

33.0392

Longitude

-80.1376

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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 [email protected] 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 [email protected].