AIKEN EXCHANGE • Aiken Exchange is a 101,558 SF Target Shadow Center in Aiken, SC. • The subject property is 98% Occupied. 56.25% is occupied by national tenants including Petsmart, Planet Fitness, Tuesday Morning, etc. • The Asset is situated at the corner of a major intersection of Whisky Road-Route 19 (26,800 VPD) & Heathwood Dr (State Highway 1270). • Aiken Exchange has strong real estate investment fundamentals including a hard corner location, no medians, and several points of access for ingress/egress. • Largest Tenant Paying $4.33 PSF & Landlord has Termination Right • Low Rents: Avg Rent 8.16 PSF • Seasoned and National Tenant Roster: Total Avg Occupancy is 8.6 years and over 60% of the center has been in the center for an Avg Occupancy of 11.2 Years.
STRATEGIC LOCATION | HEART OF RETAIL CORRIDOR • The Subject property is located in the main retail corridor of Aiken Whiskey Road. Within the three adjacent miles Whiskey Road has 2.9m SF of retail properties. • Neighboring Properties: Walmart Supercenter, Publix, Aldi, Lowe’s Home Improvement, Chick-fi-la, and adjacent to Aiken Mall & Whiskey Road Storage (685 Units). • The center also benefits from its diverse mix of Outparcels including Chili’s, Waffle House, Pizza Hut, Salsa Mex Mex Grill, Value Inn, and Hampton Inn, and Security Federal bank. • Located in a dense, high income, suburban area | 3-Mile Population: 27,878 | 3 Mile Avg. Household Income: $96,101 • High Traffic Area | Vehicles Per Day: 22,800 • The Subject property is located 7 miles (15 minutes) from the University of South Carolina Aiken (3,548 Students) and 10 Miles (20 Minutes) from Aiken Technical College (2,402 Students).
AIKEN, SC • Aiken is the county seat of Aiken County, SC and, with Augusta GA it is one of the two largest cities of the Central Savannah River Area. • Aiken is part of the Augusta-Richmond County Metropolitan Statistical Area. Aiken is home to the University of South Carolina at Aiken and was recognized with the All-America City Award in 1997 by the National Civic League. • Aiken is known as a destination location, consistently hosting world-class events and festivals showcasing music, dance, outdoor concerts, food, history, and more. The wide parkways, historic character and trademark equestrian training activities give Aiken its historic identity and have made it a destination. • Among the many things that have helped shape Aiken, three of the main events are the railroad, the winter colony influence and the largest industrial impact for the area, the Savannah River Site.