Food Lion Center | 205-215 Radford Blvd
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Food Lion Center 205-215 Radford Blvd
41,560 SF 100% Leased Retail Building Dillon, SC 29536 $3,457,168 ($83/SF) 7% Cap Rate
Investment Highlights
- Well-established Food Lion location anchors the center with a long-term lease with extension options providing income stability
- Strong tenant history with average occupancy exceeding 20 years
- Located immediately off of I-95 at the Radford Boulevard interchange in a high-traffic retail corridor
- Food Lion ranks in the 96% in the State of South Carolina and 94% nationally in terms of foot traffic
- Existing waiting list for inline stores provides potential for future growth with minimal down time
- New roof and parking lot in 2021
Executive Summary
The Twist Capital Team of Colliers is pleased to offer for sale to qualified investors the opportunity to acquire this Food Lion-anchored center located in Dillon, SC.
The property is a well-established Food Lion supermarket in a prime location within the community, with easy accessibility and
visibility. The property includes a 35,560 sf Food Lion and 6,000 sf of additional retail space, which is currently 100% occupied,
presenting a lucrative opportunity for sustained growth and profitability.
The property is a well-established Food Lion supermarket in a prime location within the community, with easy accessibility and
visibility. The property includes a 35,560 sf Food Lion and 6,000 sf of additional retail space, which is currently 100% occupied,
presenting a lucrative opportunity for sustained growth and profitability.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
41,560 SF
Building Class
B
Year Built/Renovated
1986/2021
Price
$3,457,168
Price Per SF
$83
Cap Rate
7%
NOI
$242,002
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.62 AC
Opportunity Zone
Yes
Frontage
314 FT on Radford Blvd
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 049-15-00-059 | Improvements Assessment | $163,330 |
| Land Assessment | $0 | Total Assessment | $163,330 |
PROPERTY TAXES
Parcel Number
049-15-00-059
Land Assessment
$0
Improvements Assessment
$163,330
Total Assessment
$163,330
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Food Lion Center | 205-215 Radford Blvd
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