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- LoopNet Team
912-934 N Lake Dr
Lexington, SC 29072
Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Signage
- Air Conditioning
About 912-934 N Lake Dr , Lexington, SC 29072
Lexington Towne Centre, formerly owned by EDENS, is a 131,809 square foot shopping center positioned at the heavily trafficked intersection of Sunset Blvd (30k VPD) and North Lake Dr (14k VPD). Sunset Boulevard is the main shopping corridor in Lexington and one of the most prominent in the Columbia MSA. Lexington Towne Centre is anchored by Food Lion and Steinmart, both of which have had positively trending sales for the past four years. This speaks to the strength of the location and the increased traffic at this location. The offering includes a leasehold interest in a three tenant outparcel occupied by Moe’s, Jimmy Johns, and Cold Stone Creamery. Currently 92% occupied, this asset offers investors upside in the lease up of 11,100 square feet of space. Even at conservative rental rates, this offers investors the ability to add over $190k in additional revenue.
PROPERTY TAXES
| Parcel Number | 004300-02-026 | Improvements Assessment | $470,727 |
| Land Assessment | $180,029 | Total Assessment | $650,756 |
PROPERTY TAXES
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