GROCERY ANCHORED CENTER • Riverside Crossing is a 58,358 SF Grocery-Anchored shopping center located in the Greenville, SC MSA built in 2016. • Anchor Tenant, Lowes Foods has been operating Grocery Stores in the Carolinas for 65 Years; this location is the first one to open Greenville County. • Alex Lee Inc, Parent Company of Lowes and lease guarantor, is on the Forbes list of “America’s Largest Private Companies.” • Lowes Foods has 18 Years remaining on their lease. • The Lowes Foods is the closest grocery store to BMW Manufacturing Plant & Greenville-Spartanburg International Airport.
ATTRACTIVE DEMOGRAPHICS • The subject property is located in the heart of a dense suburban market adjacent to Riverside High School (1,800 Students, 127 Faculty). • The Asset is situated at the corner of the major intersection of E Suber Road (State Route 540) and Hammett Bridge Road (State Route 94). • New residential developments surrounding the center including 500+ new homes. • Greer City Council recently approved zoning to develop 130 residential homes within a mile radius of the property. • Subject Property is located 5 Miles (12 minutes) from Greenville-Spartanburg International Airport, 6 Miles (15 Minutes) from BMW Manufacturing Plant.
GREENVILLE MSA • The city of Greenville is the largest city and the county seat of Greenville County, South Carolina. • Greenville is the largest and fastest growing MSA in South Carolina with a population of more than 885,000 and the Greenville-Spartanburg-Anderson Combined Statistical Area (The Upstate) is the largest statistical area in the state, home to more than 1.4 million residents. • Greenville maintains one of the strongest local economies in the southeast and is driven by financial institutions, the automotive industry, healthcare, and pharmaceuticals and maintains an S&P AAA bond rating. • Major employers in the area include BMW Manufacturing Corp., Spartanburg Regional Healthcare System, Michelin North America, Fluor, Hubbell Lighting, Bank of America, TD Bank, BB&T, Windstream and more.