1214 Saint Matthews Rd | Orangeburg, SC 29115
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- LoopNet Team
1214 Saint Matthews Rd
Orangeburg, SC 29115
Orangeburg Mall · Retail Property For Sale
Investment Highlights
- 40% of base rents come from credit and national tenants
- Many of the local tenants are on short-term gross leases as ownership has taken a hands-off approach to management. Opportunity to convert rent roll
- Big box retailers continue to look to Orangeburg for new locations with Olllie's Bargain Outlet, Planet Fitness, Harbor Freight and Bealls all openin
- The average tenant has been at this center for over 10 years, this has been done with nearly zero traditional marketing/isting activities.
- Deal includes 7.25ac of residual land with direct R/W access off Sims St and from parking lot. Considerable parking also leaves potential for adding
- Recessionary strong tenants – Roses Variety Store, Fresenius, Charter-Spectrum, and local services
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
151,846 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
27.00 AC
Zoning
commercial
Parking
1,184 Spaces (7.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $167,934 | |
| Land Assessment | $159,699 | Total Assessment | $327,633 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$159,699
Improvements Assessment
$167,934
Total Assessment
$327,633
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